Which of the following is an example of spending on goods and services in the circular flow model?
A)Micah purchases a new wrench for his auto repair business.
B)Chester buys a first-class ticket from Atlanta to London for his long-awaited vacation.
C)Toby buys a new lawn mower to use in his lawn care business.
D)Lily purchases a new massage table for use in her therapy center.

Question

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The Answer of Which of the following is an example of spending on goods and services in the circular flow model?
A)Micah purchases a new wrench for his auto repair business.
B)Chester buys a first-class ticket from Atlanta to London for his long-awaited vacation.
C)Toby buys a new lawn mower to use in his lawn care business.
D)Lily purchases a new massage table for use in her therapy center.

Which of the Following Is an Example of Spending on Goods