The Figure Above Shows Governments in the Circular Flow

question 56

Multiple Choice

The figure above shows governments in the circular flow.
-In the figure above,households

• A) receive transfers directly from governments.
• B) buy goods and services from governments in goods markets.
• C) receive transfers from governments through factor markets.
• D) sell factors of production to governments.
• E) pay taxes to governments through factor markets.

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Definitions:

Lead Indicators

Metrics that are used to predict future changes or trends, helping organizations to anticipate and prepare for future outcomes.

Organisation's Goals

The strategic objectives that an organization aims to achieve within a specific timeframe to fulfill its mission and vision.

Progress Indicators

Tools or metrics used to assess the advancement or development of a project or activity towards its goals.

Non-financial Measures

Metrics used to assess a company's performance that do not involve monetary values, such as customer satisfaction or employee turnover.