Choose the statement that defenders of the circular flow model, which explains the nature of economic transactions in terms of a flow of resources from businesses to households, would agree with.
A) The services that resources yield can be provided in many ways by substituting different factors of production and are, therefore, infinite.
B) The possibility that the economy can grow indefinitely to keep up with significant population growth is ignored by this model.
C) If resources are moved through the classical model of a productive system at a rate that outpaces the productive capacity of the earth or the earth's capacity to absorb wastes and by-products of the system, the entire classical model will prove unstable.
D) Many resources like clean air, drinkable water, fertile soil, and food, under the circular flow model, cannot be replaced by the remaining factors of production.
Correct Answer:
Verified
Q1: Select the statement that does not express
Q2: Select the statement that does not challenge
Q3: Identify the statement that challenges the perspective
Q4: Before the enactment of the environmental protection
Q5: Select the statement that does not identify
Q7: Identify the statement that does not meet
Q8: Which of the following statements is true
Q9: Identify a true statement about environmental regulations.
A)Currently,
Q10: In one area of emerging environmental policy
Q11: Defenders of the narrow view of corporate
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents