In the circular-flow diagram, one loop represents the flow of goods, services, and factors of production, and

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In the circular-flow diagram, one loop represents the flow of goods, services, and factors of production, and the other loop represents the corresponding flow of dollars. Discuss?

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Exploring Economics

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Authors: Robert L Sexton

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Posted Date: Jan 11, 2024 04:09 AM

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In the circular-flow diagram, one loop represents the flow of goods, services, and factors of production, and

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The circularflow diagram represents the organization of an economy in a simple manner It consists of ... View the full answer

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