Inputs in the Circular Flow of Economic Life Include

question 152

Multiple Choice

Inputs in the circular flow of economic life include

• A) businesses.
• B) people.
• C) households.
• D) churches.
• E) governments.

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Definitions:

Payments In Kind

Transactions where the payment is made in goods, services, or other non-cash forms instead of monetary payment.

Retained Earnings

The portion of net income that a company retains instead of distributing to shareholders as dividends, often used for reinvestment in the business or to pay off debt.

Cumulative Voting

A voting system used in corporate elections that allows shareholders to allocate their votes in any preferred proportion among the candidates, enhancing the voting power of minority shareholders.

Votes Cast

The total number of votes made by shareholders or members in an election or decision-making process.