Business, 10.03.2021 22:10 camila68

Which of the following can be determined from the Circular Flow Diagram? Note: Please select two correct answers.

Circular diagram with arrows that demonstrate inputs coming from households into firms and arrows that demonstrate firm outputs flowing into households.
Circular diagram with arrows that represent inputs and outputs from firms and households that show how they interact. Firms provide goods and services and households pay for the goods and services. Households provide labor and in return firms provide wages, salaries, and benefits.

Select all that apply:

Households often provide firms with capital for free.

Households often receive freebies from firms.

Households pay for goods and services and provide labor to firms.

Firms provide households with goods and services.

Which of the following can be determined from the Circular Flow Diagram?

Note: Please select two

Answers: 2

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Which of the following can be determined from the Circular Flow Diagram? Note: Please select two co...

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