In the circular flow model, which of the following is on the buying side in the goods market? i. Firms
Ii) Households
Iii) Federal, state and local governments

Name: In the circular flow model, which of the following is on the buying side in the goods market? i. Firms Ii) Households Iii) Federal, state and local governments
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Question

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In the circular flow model, households and governments are on the buying side in the goods market, purchasing goods and services from firms.

In the Circular Flow Model, Which of the Following Is