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vagabundo [1.1K]
2 years ago
5

What is the circular flow of goods and services

Social Studies
1 answer:
disa [49]2 years ago
3 0

Answer:

The circular flow model demonstrates how money moves from producers to households and back again in an endless loop. In an economy, money moves from producers to workers as wages and then back from workers to producers as workers spend money on products and services.

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