In the Simple-Circular Flow Diagram, the Flow of Money from the Firms

question 89

Multiple Choice

In the simple-circular flow diagram, the flow of money from the firms to the markets for factors of production is called

• A)spending.
• B)revenue.
• C)income.
• D)wages, rent, and profit.

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Definitions:

Maori Ancestry

The heritage or lineage of the Maori people, the indigenous Polynesian inhabitants of New Zealand.

Maori

The Indigenous Polynesian people of mainland New Zealand, known for their rich culture and history.

New Zealand

is an island country in the southwestern Pacific Ocean, known for its indigenous Maori culture, picturesque landscapes, and as a location for the filming of the "Lord of the Rings" series.

Matrilineal Descent

Descent traced exclusively through the female line of ancestry to establish group membership.