What are the 2 groups in the circular flow of goods and services?
What are the 2 groups in the circular flow of goods and services? The circular flow model shows the interaction between two groups of economic decision-makers―households and businesses―and two types of economic markets―the market for resources and the market for goods and services. Households own all the economic resources in the economy. What are the … Continue reading What are the 2 groups in the circular flow of goods and services?
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