In economics, a circular flow model is a diagram that is used to represent the monetary transactions in an economy.
National income, output, and expenditure are generated by the activities of the two most vital parts of an economy, its households and firms, as they engage in mutually beneficial exchange.
Households
The primary economic function of households is to supply domestic firms with needed factors of production - land, human capital, real capital and enterprise. The factors are supplied by factor owners in return for a reward. Land is supplied by landowners, human capital by labor, real capital by capital owners (capitalists) and enterprise is provided by entrepreneurs.<span> Entrepreneurs combine the other three factors, and bear the risks associated with production.</span>
<span>While the location of the battlefront was constantly shifting over the course of the conflict, the major battle line of the Western Front, including the battles of the Somme, Verdun, and other major conflict sites, was drawn through the countries listed in answer two: "France and Germany."</span>
Answer:
"To propose amendments, two-thirds of both houses of Congress can vote to propose an amendment, or two-thirds of the state legislatures can ask Congress to call a national convention to propose amendments."
Explanation:
Answer:
Un ciudadano global es alguien que conoce y comprende el mundo en general, y su lugar en él. Asumen un papel activo en su comunidad y trabajan con otros para hacer que nuestro planeta sea más pacífico, sostenible y más justo.
Explanation:
Usé la web para encontrar esta respuesta, así que condiméntela con sus propias palabras.
Answer:
Assuming that more physical contact is associated with higher relationship satisfaction, this study is a demonstration of predictive validity.
Explanation:
The survey above is an example of predictive validity. This term refers to a research that has the ability to predict the future of individuals, based on the analysis of some factors and characteristics that these individuals have. This can be seen in the question above because the researcher predicts the future satisfaction of couples in a relationship based on the amount of physical contact they have had.
