The figure below is a slightly-modified version of the circular flow diagram from Chapter 5. The arrows in this diagram represent the flow of money, but I want you to redraw the diagram by reversing the direction of all of the arrows and clearly labeling what real thing is flowing in the other direction. To be clear: there should not be any flows of money in your diagram; it should show the flow of goods and services or factors of production, etc. Make sure you label it clearly enough that I can tell that you know what real flow balances out the money flow in the original diagram.

Production Firms Households Consumption Government purchases Government Net taxes Exports Rest of the world Imports