The Figure Above Shows Governments in the Circular Flow

question 54

Multiple Choice

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

• A) collect taxes.
• B) coordinate economic activities of households and firms.
• C) hire factors of production.
• D) own factors of production.
• E) sell goods and services to household.

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Definitions:

Negative Assumptions

Cognitive biases or beliefs that lead an individual to view situations or outcomes more pessimistically, potentially contributing to anxiety and depression.

Cognitive Dissonance

The unease experienced mentally by an individual who possesses two or more contradictory beliefs, ideas, or values at the same time.

Smoker

An individual who inhales the smoke of burning tobacco products, such as cigarettes or cigars.

Televised Violence

Televised violence refers to the portrayal of violent acts in television programming, which has been a point of concern regarding its potential influence on real-world aggression and desensitization to violence.