The circular flow of income model shows that

Name: The circular flow of income model shows that
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The circular flow of income model illustrates that consumers (or households) supply resources (such as labor, capital, and land) to the market and in return demand products and services produced by businesses. This model highlights the dual role of households and businesses in the economy, where households provide the input resources needed for production and consume the output of goods and services.

The Circular Flow of Income Model Shows That