Answer: In the circular flow of the economy, money is used to purchase goods and services. Goods and services flow through the economy in one direction while money flows in the opposite direction. The factors of production include land, labor, capital and entrepreneurship
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<span>Forming ideas based on the text that are not explicitly stated in the text is inferring.
deduce or conclude from evidence and reasoning rather than from explicit statements.Inferring is to develop by reasoning; terminate or judge from premises or evidence</span>