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    Macroeconomics Study Set 39
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    Exam 3: National Income: Where It Comes From and Where It Goes
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    The Circular Flow Model Shows That Households Use Income For
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The Circular Flow Model Shows That Households Use Income For

Question 17

Question 17

Multiple Choice

The circular flow model shows that households use income for:


A) consumption, saving, and factor payments.
B) consumption, taxes, and factor payments.
C) taxes, saving, and factor payments.
D) consumption, taxes, and saving.

Correct Answer:

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