In the Circular Flow Model,consumption Goods Are Bought and Sold

question 131

Multiple Choice

In the circular flow model,consumption goods are bought and sold in the

• A) goods markets.
• B) financial market.
• C) factor markets.
• D) government market.
• E) monetary flows.

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Definitions:

Behavior

The actions or reactions of an organism, often in response to its environment.

Altruistic Behavior

Occurs whenever a helping individual behaves in a way that benefits another individual at a cost to its own fitness.

Hamilton

A city in Ontario, Canada, known for its industrial heritage, or referring to William D. Hamilton, a biologist who made significant contributions to the theory of evolution.

Alleles

Variants of a gene that determine distinct traits which can be passed from parents to offspring.