The Circular Flow Model Shows the Flow of

question 205

Multiple Choice

The circular flow model shows the flow of

• A) expenditure and income throughout the economy.
• B) only money throughout the economy.
• C) only funds in stock and bond markets.
• D) only tax payments and government expenditures.
• E) goods markets and factor markets as they move through the economy.

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Definitions:

Canadian Prairies

A vast geographical region in Western Canada characterized by its flat landscape and predominantly agricultural use, including the provinces of Alberta, Saskatchewan, and Manitoba.

Maritimes

Regions near or relating to the sea, often characterized by their maritime culture, economy, and ecosystem.

Open-pit Mines

Large scale mining operations in which minerals or ores are extracted from a massive open pit or borrow.