The Figure Above Shows Governments in the Circular Flow

question 164

Multiple Choice

The figure above shows governments in the circular flow.
-In the figure above,which of the following is true?
i.Governments coordinate economic activities of households and firms.
ii.Governments buy goods and services in goods markets.
iii.Households pay taxes directly to firms.

• A) only ii
• B) only i
• C) only iii
• D) i and ii
• E) ii and iii

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Definitions:

Warm Chocolate Milk

A comforting beverage made by mixing hot milk with chocolate or cocoa powder, often enjoyed for its soothing and sweet taste.

Daytime Nap

A short period of sleep taken during the day to supplement the main sleep period, often to relieve drowsiness and improve alertness.

Circadian Sleep Rhythm

The natural, internal process that regulates the sleep-wake cycle, repeating roughly every 24 hours.

Basal Metabolic Rate

The speed at which the body consumes energy to support essential activities like breathing and staying warm when it is at rest.