In the Circular Flow Model,the Factor Markets Are the Markets

question 47

Multiple Choice

In the circular flow model,the factor markets are the markets in which

• A) consumption goods and services are bought and sold.
• B) government goods and services are provided.
• C) land, labor, capital, and entrepreneurship are bought and sold.
• D) investment goods and services are bought and sold.
• E) governments impose all their taxes.

---

Definitions:

Clothing Manufacturer

A company or individual that produces garments or apparel from fabrics and materials for sale in the marketplace.

Quasi-strategic Greening

A type of environmental strategy where companies undertake limited or symbolic green initiatives, often for public relations purposes, rather than a deep commitment to sustainability.

Green Market

Markets focused on selling environmentally friendly products and services that are supposed to be less harmful to the planet.

Organically-grown Produce

Fruits and vegetables cultivated without the use of synthetic pesticides, fertilizers, or genetically modified organisms (GMOs).