Charmainewright Charmainewright
  • 12-02-2021
  • Social Studies
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Explain the circular flow of economic activity.

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Jamilhusrom80
Jamilhusrom80 Jamilhusrom80
  • 12-02-2021
The circular flow of economic activity is a model showing the basic economic relationships within a market economy. ... In the circular flow of the economy, money is used to purchase goods and services. Goods and services flow through the economy in one direction while money flows in the opposite direction.
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