Which line represents the flow of final goods and services?
1 answer:
The Household line represent the flow of final goods and services and consumer spending while the Business line represent the flow of rent, wages, interest, and profits.
<h3>What is the circular flow diagram?</h3>This is an economic diagram that illustrate the flow of money through the economy.
The four parts of the circular flow diagram includes:
- individuals,
- firms,
- market for goods and services,
- market for factors of production.
In conclusion, these economic diagram illustrates the system functions through the interactions of households and firms.
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<em>brainly.com/question/26674132</em>
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