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SOLVED:Based on the circular flow model, money flows from businesses to households in a. factor markets. b. product markets. c. neither factor nor product markets. d. both factor and product markets.

SOLVED:Based on the circular flow model, money flows from busines…

SOLVED: Choose the statement that defenders of the circular flow model which explains the nature of economic transactions in terms of resources from businesses to households would agree with:A the services that resources yield can be provided in many ways by substituting different factors of production, and are therefore, infiniteB the possibility that the economy can grow can grow indefinitely to keep up with significant population growth is ignored by this modelC if resources are moved through

SOLVED: Choose the statement that defenders of the circular flow mod…

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