Which statement best describes the circular flow of an economy?

the flow between businesses and resources

the exchange of money, goods, and services in an economy

a circular flow happens only in a resource market

a circular flow happens only in a goods and services market

Answers

Answer 1

Answer:

C

Explanation:

Answer 2

The statement "the exchange of money, goods & services in an economy" should represent the best description of the economy's circular flow.

According to the economic perspective, circular flow refers to the money flow and the resources i.e. goods and services lies between the people in which there is an exchange of resources that could be done in return for the money.

It involved two types of market i.e. factors and goods and in these two markets,  the resources should be provided in order to receive the monetary value.

The following statements represent the circular flow of an economy:

It does not have a flow between the business and resources.It does not have the flow only in the resource market.It does not have the flow only in the goods and services market.

Therefore we can conclude that the statement "the exchange of money, goods & services in an economy" should represent the best description of the economy's circular flow.

Learn more about the circular flow of the economy here: brainly.com/question/11324259

Which Statement Best Describes The Circular Flow Of An Economy?the Flow Between Businesses And Resourcesthe

Related Questions

HURRY IM BEING TIMED
Which of the following sentences uses "your" or "you're" correctly?
A.

Your very late for this class.
B.

You're going to learn how to proofread in this course.
C.

You're textbook is on that table.
D.

Your practicing writing business documents today.

Answers

Answer:

A

Explanation:

Please brainliest me

This is for people who have a ps4.
do you still have to pay the PS plus even though you have Auto-renew off?

Answers

Answer:

not me

Explanation:

Answer:

no

Explanation:

Have a lovely day. <:

I need help ASAP.......If you were interviewing someone what questions would you ask???

Answers

Answer:

Tell me about yourself.

What are your strengths?

What are your weaknesses?

Why do you want this job?

Where would you like to be in your career five years from now?

What's your ideal company?

What attracted you to this company?

Why should we hire you?

Explanation:

They are basic questions :]

Answer

When you interviewing someone you have to ask the questions that would fit your topic. Example: What type of work are you looking for? Do u what to be manager? These type of questions are what you are looking for.

What would happen if we were left without sun for 24?
Answer in your own words.

Answers

Answer:

You would get a heat stroke. A heat stroke is something that happens when your body absorbs to much heat. Signs of it are High body temperature, hot, red dry or damp skin. etc. That much heat is not good for you and it can cause pain.

What are the four categories of taxes individuals deal with throughout their lives?

Answers

Answer:

Learn about 12 specific taxes, four within each main category—earn: individual income taxes, corporate income taxes, payroll taxes, and capital gains taxes; buy: sales taxes, gross receipts taxes, value-added taxes, and excise taxes; and own: property taxes, tangible personal property taxes, estate and inheritance .

Dean Ayers, who was the Department Chair of the Accounting Dept. before he became Dean of Terry College, is an example of external recruiting, the advantages of which are that
(i) the new hire already knows company culture, background, and products;
(ii) the new hire can make a quicker and more meaningful impact in the new role;
(iii) demonstrates to other employees a potential career path that allows growth and development; and
(iv) the firm already is aware of the skills and potential of the candidate when making the hiring decision

Answers

Answer:

(ii) the new hire can make a quicker and more meaningful impact in the new role;

Explanation:

here's a career question :)

Answers

Answer:

A. stock value of the company

Waterway Corp. enters into a contract with a customer to build an apartment building for $1,046,900. The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of $148,500 to be paid if the building is ready for rental beginning August 1, 2018. The bonus is reduced by $49,500 each week that completion is delayed. Waterway commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes:Completed by ProbabilityAugust 1, 2018 70 %August 8, 2018 20 August 15, 2018 4 After August 15, 2018 6 (a) Determine the transaction price for the contract, assuming Waterway is only able to estimate whether the building can be completed by August 1, 2018, or not (Waterway estimates that there is a 70% chance that the building will be completed by August 1, 2018). (If answer is 0, please enter 0. Do not leave any fields blank.)Transaction Price __________ $(b) Determine the transaction price for the contract, assuming Waterway has limited information with which to develop a reliable estimate of completion by the August 1, 2018, deadline. (If answer is 0, please enter 0. Do not leave any fields blank.)Transaction Price ___________ $

Answers

Answer:

A. $1,195,400

B. $1,172,630

Explanation:

A. Calculation to Determine the transaction price for the contract

Transaction price=$1,046,900+$148,500

Transaction price=$1,195,400

Therefore the transaction price for the contract will be $1,195,400

B . Calculation to determine the transaction price for the contract.

First step is to Calculate the probabilities

August 1, 2018=$148,500*.7

August 1, 2018=$103,950

August 8, 2018=$99,000*.2

($148,500-$49,500)

August 8, 2018=$19,800

August 15, 2018=$49,500*.04

August 15, 2018=$1,980

August 15, 2018=$0*.06

August 15, 2018=0

Now let calculate the Transaction price

Total transaction price =$1,046,900+$103,950+$19,800+$1,980

Total transaction price =$1,172,630

Therefore The Total transaction price will be $1,172,630

When prices are ABOVE the equilibrium level,
A
Suppliers produce more than consumers want to purchase.
B
Consumers want to purchase more of the item than is supplied.
C
Suppliers have less incentive to supply as much as is desired.
D
Consumers purchase none of the items supplied.

Answers

Answer: B

Explanation:

Molzahn Corporation is a manufacturer that uses job-order costing. The company closes out any overapplied or underapplied overhead to Cost of Goods Sold at the end of the year. The company has supplied the following data for the just completed year:
Estimated total manufacturing overhead at the beginning of the year $481,250
Estimated direct labor-hours at the beginning of the year 35,000 direct labor-hours

Results of operations:
Actual direct labor-hours 40,000 direct labor-hours
Manufacturing overhead:
Indirect labor cost $ 179,000
Other manufacturing overhead costs incurred $ 465,000

Answers

Answer:

The results are below.

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 481,250 / 35,000

Predetermined manufacturing overhead rate=  $13.75 per direct labor hour

Now, we allocate overhead based on actual hours:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 13.75*40,000

Allocated MOH= $550,000

Finally, the under/over applied overhead and the closing to cost of goods sold:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 644,000 - 550,000

Underapplied overhead= $94,000

When overhead is underapplied, we need to debit the cost of goods sold.

COGS     94,000

 Manufacturing overhead   94,000

Which investment security has the least risk associated?

A) Mutual Funds
B) Stocks
C) Bonds

Answers

Answer:

I think it's Mutual Funds?

Which tasks commonly are performed in Maintenance, Installation, and Repair jobs? Check all that apply.

setting up equipment
fixing problems with machinery
estimating a project’s cost
designing equipment
teaching people to use equipment
writing instructions for assembling equipment
purchasing manufacturing equipment

Answers

Answer:

setting up equipment

fixing problems with machinery

estimating a project’s cost

teaching people to use equipment

Explanation:

Answer: The person above me is right but here is the answer in number form: 1,2,3,5

Explanation: edge

Which examples demonstrate common education and qualifications for Management and Entrepreneurship careers? Check all that apply.
Horatio is good at following instructions.
Marissa has strong visual design skills for arranging displays.
Letisha has a bachelor’s degree in marketing.
Quentin has many years of experience in public relations.
Devon is able to stand for long periods of time.
Lloyd is skilled at planning and managing budgets.

Answers

Answer:

3- Letisha has a bachelor’s degree in marketing.

4-Quentin has many years of experience in public relations.

6-Lloyd is skilled at planning and managing budgets.

Explanation:

The example that shows qualification are

Letisha bachelor’s degree in marketing.Quentin years of experience in PR.Lloyd skills at planning and managing budgets.What are management and enterpreneurship?

Management and the entrepreneurship both terms refer to the part of administration of an organization that can be the business, the nonprofit, or even the government body.

Entrepreneurship is a process of discovering the new ways to combine resources. These resources have a greater value than the market.

Find out more information about the qualifications.

brainly.com/question/14584990

Question 7 of 10
Why might employee education be an important step in preventing security
breaches?
A. Some employees are tempted to sell their employer's intellectual
property
B. Many security breaches occur as a result of ignorance or
carelessness.
C. Education improves employee morale.
D. Disgruntled employees are often the source of security breaches
SUBMIT

Answers

Answer:

Explanation:

B

Many security breaches occur as a result of ignorance or carelessness: be an important step in preventing security breaches. Thus, option B is the correct option.

What is a security breach?

Any occurrence that allows unauthorized access to computer data, applications, networks, or devices is referred to as a security breach. As a result, unapproved access to information occurs. Usually, it happens when a burglar is able to get past security measures. There is a difference between a security breach and a data breach technically. A data breach occurs when a cybercriminal escapes with information, whereas a security breach is essentially a break-in.

Consider a burglar; the security breach would be when he scales the window, and the data breach would be if he took your laptop or purse. Information that is confidential has great value. Names and credit card numbers, for instance, may be purchased on the dark web and used for the purposes of identity theft or fraud.

Learn more about security breaches here:

https://brainly.com/question/31810123

#SPJ2

CC's Marketing manager wants to carry out market research. Identify and explain two factors which could influence the accuracy of the market research data.

Answers

Answer: Have an objective/aim, have an understanding of gathering data

Explanation:

Marketing research is the careful and systematic gathering of information that would help influence the sales of a product or service you intend to sell. An effective and we'll carried out market survey or research would be a great guide on how to present a product to the public or the target market. There are two factors CC's marketing manager has to consider while carrying out the market research. They are;

Objectives/Aim; the marketing manager must have a guide on what he needs to research on while doing the market survey, he has to consider which target market he should look at, the kind of environment, he needs to have a well stated guide that he can work with to give him the desired results which would be effective for him.

How to gather data; the marketing manager would have to have an understanding of gathering data. Data is vital when carrying out market research, it gives you a guide in the number of people you should be considering or the number of things to note or percentages of factors you're considering and how you should plot yours.

According to the video, where do most Commercial Artists work?

in an office or studio
in a warehouse or factory
in a school
in a gallery

Answers

In an office or studio hope this helps

Answer:

A.

Explanation:

Edge 2023

You get a part time job through an employment service. The service charges you ten percent of your forst weeks pay as payment for getting the job. tax or no tax

Answers

tax...................

Answer:

No tax

Explanation:


You have established a new business in your neighbourhood
Explain how you would use power relationships to benefit your business

Answers

Answer:As a small-business owner, one of the most effective ways for you to compete ... Then plot them on a zip code map (easily found in most phone books). ... Understanding the importance of your marketing area will also help you ...

Effective decision makers are able to ______.
a.
Predict most or all consequences of actions
b.
Implement plans of action
c.
Identify the resources available to them
d.
List all realistic choices they can make
e.
All of the above

Answers

Answer:

E. All of the above

Explanation:

By using the decision making process, effective decision makers are able to do all of those things.

Competent decision-makers can anticipate the majority of outcomes or all of them. Execute action plans What resources are at their disposal  all the options that are sensible for them. Thus, (E) all of the above is the appropriate response.

What do you know about  implementation plan?

The steps your team should take to complete a common objective or effort are outlined in an implementation plan, a document. An alternative to a strategic plan is implementation planning. The implementation plan is the step-by-step manual for executing the tactics that are outlined in the strategic plan to attain a certain goal.

Before starting the execution phase of a project, your team needs to be able to respond to the who, what, when, how, and why of the endeavor. This is the goal of an implementation plan. Simply said, your strategy becomes a list of particular activities through the action plan.

Learn more about implementation plan, from :

brainly.com/question/29365107

#SPJ2

when you create a professional ____, you are creating a version of yourself you want employers and other professionals to see.

Answers

Answer:

Appearance

Explanation:

Hope this helps;)

If demand decreases and supply stays the same, there will be a

A) higher equilibrium price and lower quantity

B) lower equilibrium price and quantity

C) higher equilibrium price and quantity

D)lower equilibrium price and higher quantity

Answers

Lower equilibrium price and higher quantity

Consider the following goal: "I'm going to earn $10,000 this month, working part
time at the fast food restaurant (up from $234 last month).” Why would this NOT be
considered a SMART goal?
a) It is not specific
b) It is not measurable
c) It is not attainable
d) It is not time-bound

Answers

this isn’t considered a smart goal because it’s not attainable (C) since you can’t make 10,000 a month at a fast food restaurant, even more so when you’re working first time. So the answer is C

name any TWO markets within the four-sector circular flow model​

Answers

Answer:

Explanation:

The circular flow model shows the interaction between two groups of economic decision-makers―households and businesses―and two types of economic markets―the market for resources and the market for goods and services.

Tips on how to stay organized and focused during school!


Hello! Today I've decided to share some tips to help you stay focused during school.

First things first, get something scented. Chapstick, perfume, essential oil, candles, anything scented helps you relax.
Second, make yourself work towards something short term like a snack, allowing yourself to watch a video after completing each subject, things that make you want to do school.
Thirdly, make a checklist. I know its old, but making a paper checklist is the absolute best possible way to stay on task or ahead so you don't have to worry about being behind.

I have attached some of my favorite checklist templates in the comments below


I hope this helps you, have a great day! :)

Answers

Answer:

tysm !! <33 u have a great day too :))

Explanation:

A couple weeks ago, Alex saw her boss stealing money out of the cash register. Her boss noticed that Alex saw. Alex planned to tell one of the other managers the next day, but when she came in for work, her boss pulled her aside and told her that she should keep her mouth shut if she wanted to keep her job, because she would be blamed for the missing money if she told anyone what she saw. Alex's boss is using what unethical communication practice discussed in our lectures from this week

Answers

Answer:

The answer is "Coercion".

Explanation:

Its legislative concept of coercion between both the states was reasonably uniform: utilizing bullying and threats to force (or inhibit) individuals to do something they have and do not have a legal right to. It implies that helping a person, through threatening his security and well or those of his family or property, which we usually should not do.

How do I prepare and balance the personal accounts appearing in the ledgers of small moon enterprises as at December 31,210

Answers

Answer:

For each account title shown on your sales and cash receipts journal columns and ... The sum of all general ledger debit balances should always equal the sum of all ... of business, you will use many, but probably not all, of these account names.Explanation: For each account title shown on your sales and cash receipts journal columns and ... The sum of all general ledger debit balances should always equal the sum of all ... of business, you will use many, but probably not all, of these account names.

Montel needs to add a calculated field into a report that he has built that will show the total sale price of items sold
in a given month. Which type of control should he add in Design view?
o control box
O text box
O label
subreport

Answers

label
Explanation:
Label control is a part of JavaFX package. Label is used to display a short text or an image. Label is also a non-editable text control (i.e. not editable). So in this case of displaying a calculated field which is non-editable since it's just displaying the total sale price of items sold in a given month, so a label control is good for the design view.

which of the following is a positive externality

•household waste
•litter on the road
•noise pollution
•bus rides to school

Answers

Answer:

D . BUS RIDES TO SCHOOL

Explanation:

All the others listed are negative externalities.

Bus rides to school is a positive externality

A good or service generates positive externality if it gives benefits that is greater than its cost to third parties that are not involved in its production.

Bus rides to school generates positive externality. This is because it reduces traffic on the roads. This benefits other road users (third parties).

Another example of a product that generates positive externality is research and development. Discovery of a new treatment for a disease benefits the general public.

Household waste, litter on the road  and noise pollution generate a negative externality.

A good has negative externality if the costs to third parties not involved in the activity is greater than the benefits.

To learn more about positive externalities, please check: https://brainly.com/question/9346389?referrer=searchResults

How much is the peso mark-up if the selling price is P15 and the purchase cost is P10.00?

Answers

Answer:

Simply take the sales price minus the unit cost, and divide that number by the unit cost. Then, multiply by 100 to determine the markup percentage. For example, if your product costs $50 to make and the selling price is $75, then the markup percentage would be 50%: ( $75 – $50) / $50 = . 50 x 100 = 50%.

Explanation:

Internet privacy has become a major issue. In fact, in Europe there are privacy laws to limit how much information websites can collect from users without their permission. The United States does not have comparable laws to protect consumer privacy on the Internet. Collecting this information is beneficial for firms because then they can tailor marketing messages that better fit its users' needs. These better marketing campaigns can provide them with a competitive advantage. Acme Corporation uses cookies and other devices to collect information. Its privacy policy explicitly informs users that it collects information. However, most people do not read through the policy. Lately, some consumers have complained because they are worried that their information could be compromised. They question the security of the site. Acme wants to restore confidence and prove that it has controls in place. Refer to Scenario 3.2. What type of environmental force does this issue involve?

Answers

a. Greyhound bus system

Other Questions
Need Help ASAP please. Commonlit: 'Day of Infamy' speech How does the anecdote about the Japanese ambassador contribute to the central ideas of the text? our battery has died and your friends push your vehicle so you can kick-start the engine. You and the vehicle have a combined mass of 1600 kg. If your friends do 6000 J of work and one-third of that is dissipated by friction, how fast is your vehicle traveling? This girl named Emma she my crush what do I say to her. What effect did Salvador Allende's policies have on Chile's economy? A) His policies encouraged foreigners to invest in businesses in Chile. B) His policies ruined the Chilean economy. C)His policies decreased Chile's annual inflation rate. D)His policies made Chile one of the wealthiest nations in Latin America Read the passage. The wind sang to them softly, as the couple watched a sunset blossom like a rose unfolding across the sky. They thought it was the most special sunset in the history of sunsets. They floated on water that was a smooth mirror, refusing to return to the shore until the light show was over. Years later, when they were long in the tooth, they would still remember that evening. Which best describes the effect the author intended to create with the figurative language in this passage 117Xx + 3Find the value of x.A. 4. 5C. 6D. 9 please help will mark brainliest! Writing Prompt: Write a response in which you agree or disagree with the following statement: "Teenagers are not responsible enough to drive when they are sixteen-years-old." Student's Introduction: While some sixteen-year-olds may seem immature, most are just as responsible as adults. Many of us help take care of our homes, look after our younger siblings, and assist with other adult duties. Teenagers should be given more credit and trusted with bigger responsibilities.Rewrite the student's introduction so that it contains stronger claims, which are related directly to the prompt Imagine you have three flashlights. One has a blue light, one has a green light andone is red. If you were to shine each of those lights in the same spot, what color doyou think you would see? Explain. 29. Motorcyclists must make a biggeradjustment in speed than other driverswhen This figure consists of a rectangle and a semicircle.What is the AREA of the figure?Question 9 options:46.28 65.12125.1228 The US government designated around 19,000,000 acres of Alaskan land as the Arctic National _____________to protect and preserve a wide variety of flora and fauna in Alaska. An entrepreneur wants to make an app to show what breeds of dogs are similar to each other. She wants to look at factors such as weight and energy level in her comparison. In the end, she wants each breed of dog to belong to a certain category based on these characteristics. What would be a sensible approach to solving this problem using clustering? help me please I need help You scored 53 in fight 1 and 103 in fight 2Can you find the mean (average) number of points for the two fights? Find the mean to advance to the title bout.Average Points for Fight 1 & 2: The law of demand illustratesAa direct relationship between price and quantity demanded.Ban inverse relationship between price and quantity demanded.Ca direct relationship between price and demand.Dan inverse relationship between price and demand. MEC English 3A (MJ (Prescriptive)10. In which sentence are quotation marks used correctly?The news reporter said, "Good reporting will always be appreciated by some.The news reporter said, "Good reporting will always be appreciated by some".The news reporter said "good reporting will always be appreciated by some. Gina wants to attend a college with a current tuition of $10,000 a year. She will graduate from high school in two years. Roughly how much will Gina need to save for one-years tuition to account for an annual rate of inflation of 2%? $204.00 $14,00.00 $10,404.00 $20,000.00 Identify the image of XYZ for a composition of two 90 rotations about point X. Write a letter to a specific individual who has positively impacted your life.Please write a letter for me