Which model represents how households and businesses interact with each other?
A) production possibilities
B) global flow
C) economic flow
D) circular flow

Name: Which model represents how households and businesses interact with each other? A) production possibilities B) global flow C) economic flow D) circular flow
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Question

Quizplus · Accepted Answer

The circular flow model represents how households and businesses interact with each other in the economy, illustrating the flow of goods and services and money between these two sectors.

Which Model Represents How Households and Businesses Interact with Each