For this assignment please address the following in a written essay (Microsoft Word document) concerning the circular flow model:

• Identify the primary economic decision makers.
• Describe how money and resources are exchanged in the resource market, indicating:
  • Who gets the resources?
  • Who gets the income?
• Describe how money, goods, and services are exchanged in the product and services market, indicating:
  • Who receives the goods and services?
  • Who gets the income?
• In addition, give a brief description of any other participants in an economy that are not represented in this simple model.