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19 Jun 2019
In the circular flow model, producers:
a) hire resources sold by households in the factor market
B) spend earnings from resource sales on goods and services in the product market
c) spend earnings from resource sales on goods and services in the factor market.
d) sell goods and services in the input market.
In the circular flow model, producers:
a) hire resources sold by households in the factor market
B) spend earnings from resource sales on goods and services in the product market
c) spend earnings from resource sales on goods and services in the factor market.
d) sell goods and services in the input market.
2 Jun 2021