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Using This Outline, Draw a Circular-Flow Diagram Representing the Interactions

Question 188

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Using this outline, draw a circular-flow diagram representing the interactions between households and firms in a simple economy. Explain briefly the various parts of the diagram.
Figure 2-12 Using this outline, draw a circular-flow diagram representing the interactions between households and firms in a simple economy. Explain briefly the various parts of the diagram. Figure 2-12

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This diagram should duplicate the essent...

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