Social Studies, 03.12.2019 07:31 villafana36

Question 1
which statement is true about the circular flow diagram of an economy
the market for goods and services connects household spending to government spending
the market for factors of production connects household spending to goods produced by firms,
the matet for factors of production connects spending by firms to household income
the mattet for goods and services connects labor income to firms as employers
the made for goods and services connects labor income to household spending

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Question 1
which statement is true about the circular flow diagram of an economy
the mar...

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