Question: Q-1). Do you know the flow? Find a circular flow model below with missing flow, label each flow with 1, 2, 3, ... 7, 8.

Q-1). Do you know the flow? Find a circular flow model below with missing flow, label each flow with 1, 2, 3, ... 7, 8. Also show the spending and revenue or wages/profits and income (money flow) and goods/services (Real Flow). Answer the scenarios using the numbers you have labeled on a circular flow model. To answer correctly, pay close attention to the subject and verb in each scenario.

The Circular Flow Diagram FIRMS (Suppliers of goods and services; Demanders of factor services) HOUSEHOLDS (Demanders of goods and services; Suppliers of factor services)

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