What two roles do households play in the Circular Flow Model?
In the Circular Flow Model, businesses provide which two items to households?
Which two components are part of the money flow in the Circular Flow Model?
What two transactions occur in the resource market?
Which two of these are factors of production?
Which two elements describe real flow in the Circular Flow Model?
In the product market, households do what two activities?
What two things do businesses aim to achieve in the Circular Flow Model?
Which two actions are taken by households regarding income?
In the Circular Flow Model, what flows from households to businesses?