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18 Aug 2020
The circular flow model with the government included would show that the government:
Ā
A. Provides goods and services to businesses and households and pays for them with net taxes
B. Controls economic resources and sells them in the resource market
C. Produces goods and services and sells them in the product market to generate net taxes
D. Obtains revenues in the product market and uses it to cover costs in the resource market
The circular flow model with the government included would show that the government:
Ā
A. Provides goods and services to businesses and households and pays for them with net taxes
B. Controls economic resources and sells them in the resource market
C. Produces goods and services and sells them in the product market to generate net taxes
D. Obtains revenues in the product market and uses it to cover costs in the resource market
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Joshua StredderLv10
8 Nov 2020