What Two Groups of Decision Makers Are Represented in the Basic

question 189

Multiple Choice

What two groups of decision makers are represented in the basic circular flow model?

• A) governments and financial institutions
• B) lenders and borrowers
• C) wholesalers and retailers
• D) bankers and regulators
• E) households and firms

---

Definitions:

Acquisition

The process of obtaining control of another company by purchasing its shares or assets, leading to an ownership interest.

Brand Name

A unique identifier, typically a name or symbol, that distinguishes products or services offered by a seller.

Management Expertise

the set of skills, knowledge, and experience that is required for effectively directing and controlling an organization.

Carrying Value

The value of an asset as shown in the business's account, which may differ from its fair market value, considering factors such as depreciation.