In the Simple Circular Flow Model, Total Income in the United

question 22

Multiple Choice

In the simple circular flow model, total income in the United States must equal

• A) wages + rents + interest + profits.
• B) the total monetary value of all final goods and services.
• C) the yearly amount earned by our nation's resources.
• D) All of the above are correct.

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Definitions:

Maltose

A sugar made from two glucose molecules bonded together, commonly produced during the digestion of starch.

Salivary Amylase

An enzyme found in saliva that begins the process of breaking down starches into sugars during digestion.

Hydrochloric Acid

A strong, corrosive acid that is a solution of hydrogen chloride (HCl) in water, used industrially and in digestion in the stomach.

Deactivated

A state in which a biological or chemical process, entity, or system is rendered inactive or non-functional.