-Refer to the Circular Flow Model of the Economy

question 4

Multiple Choice

-Refer to the circular flow model of the economy.In the diagram flow (2) represents:

• A) wage,rent,interest,and profit income.
• B) land,labour,capital,and entrepreneurial ability.
• C) goods and services.
• D) consumer expenditures.

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Definitions:

Low-Quality Heat

Refers to thermal energy that is at a temperature unsuitable or too low to be used for work or energy production efficiently.

Scavenger

An organism that consumes dead animals or plants.

Detritivore

An organism that feeds on dead organic material, especially plant detritus, playing a crucial role in nutrient cycling within ecosystems.

Aerobic Respiration

The process of producing cellular energy in the presence of oxygen, involving the breakdown of organic molecules to produce ATP.