Question 65 of 65 A circular flow model shows the interrelationship between two markets. What are those markets? A circular flow model shows the interrelationship between the \( \qquad \) markets and the \( \qquad \) markets. A. expenditure; income B. household; goods C. business; household D. goods; factor E. household; factor
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- The circular flow model is an economic model that illustrates the flow of goods and services and factors of production between different sectors of the economy. Show more…
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