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he simple circular-flow diagram, which
he simple circular-flow diagram, which of the following is not true.
a. Firms own the factors of production. b. Land, labor, and
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unknown 2.0
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The reason markets work so well is that one person's output always becomes another person's input. Goods are produced and
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In the circular flow of income and spending, i.e. the basic flow of income and spending between households and firms
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In a circular flow diagram what flows from household to businesses
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In a circular flow diagram, what flows from households to businesses
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A circular flow diagram what flows from households to businesses
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Which best demonstrates the way consumers and producers influence each other in the free-market system?
Responses assembly line
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in the circular flow diagram what do households receive from product markets
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M
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Which label shows where business fits on a circular flow diagram?
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In the circular flow diagram, what do firms receive from product markets?
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