Question: 1. Fill in the blank lines on the circular flow model below. What is occurring/being traded in each step? a. b. C. d. 2. In

1. Fill in the blank lines on the circular flow model below. What is occurring/being traded in each step? a. b. C. d. 2. In the resource market: a. What is the role of firms? b. What is the households? 3. In the product market: a. What is the role of firms? b. What is the role of households

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4. What specific changes in the environment have taken place in relation to the information we have collected?

2. The purpose of the acquisition of the information.

1. What is the meaning of the information we are collecting?