Question: What is the circular-flow diagram and what does it illustrate? O A. The circular-flow diagram shows the government's role in markets through taxes and transfer

What is the circular-flow diagram and what does it illustrate? O A. The circular-flow diagram shows the government's role in markets through taxes and transfer payments O B. The circular-flow diagram shows how households and firms are linked through product and factor markets. O C. The circular-flow diagram shows the maximum attainable combinations of two products that may be produced with available resources and current technology OD. The circular-flow diagram shows how firms are linked through product and factor markets. O E. The circular-flow diagram shows how households and firms are linked through product markets

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