In a Circular Flow Diagram

question 244

Multiple Choice

In a circular flow diagram,
I.the value of production = income.
Ii.the value of production = expenditure.
Iii.expenditure = income.

• A)i,ii and iii are true statements.
• B)Only iii is a true statement.
• C)i and ii are true statements.
• D)i and iii are true statements.
• E)Only i is a true statement.

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Definitions:

Sample

A group of people (or things) that are representative of the population that researchers want to study.

Representative

A person chosen or appointed to act or speak for another or others, especially in a political context.

Family Systems Theory

Views the family as a functioning unit that solves problems, makes decisions, and achieves collective goals.

Functioning Unit

A group or system operating effectively to fulfill a specific function or purpose, often used to describe families or organizational teams.