The circular flow of economic activity is a model that shows:
A) the exchange of goods, services, and income between households and firms
B) the influence of government on the level of economic activity in a country.
C) the role of labor unions and government in the economy
D) the interaction among taxes, prices, and profits in an economy.
E) the taxes levied by the government and the revenue earned by the government.
Correct Answer:
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A)undermine the market's ability to
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A)must be based on
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