The simple circular flow model shows that A. total income received by households is less than the total value of goods and services produced because of leakages. B. total income received by households must be equal to the dollar value of all goods and services produced. C. total income received by households is different from the dollar value of all goods and services produced because the units of measurement are not the same. D. total income received by households is less than total payments to business because there are business profits.

Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.