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The Simple Circular Flow Model Shows That

Question 40

Multiple Choice

The simple circular flow model shows that


A) households are on the buying side of both product and resource markets.
B) businesses are on the selling side of both product and resource markets.
C) households are on the selling side of the resource market and on the buying side of the product market.
D) businesses are on the buying side of the product market and on the selling side of the resource market.

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