What Determines the Income Flows That Households Receive

question 144

Multiple Choice

What determines the income flows that households receive?

• A) an agency of the Federal government
• B) what they choose to produce, how much is sold, and the price received when sold
• C) their ownership of factors of production, how much they sell in the factor markets, and the prices received when sold
• D) financial institutions such as banks
• E) what they choose to consume

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Definitions:

On-Center

On-Center describes a type of neuronal response characterized by activation when the center of its receptive field is stimulated by light, while stimulation of the surrounding area inhibits activation.

Off-Surround

A concept in visual processing referring to the inhibitory mechanism surrounding the central point of stimulation, enhancing edge detection and contrast in visual perception.

Color Opponent Retinal Ganglion Cell

Color opponent retinal ganglion cells are neurons in the eye that help in the processing of color vision by responding differently to light from different parts of the color spectrum.

Glaucoma

A group of eye conditions that damage the optic nerve, often caused by abnormally high pressure in the eye, leading to loss of vision.