3 Questions
In the circular flow of income, who are the main participants?
Consumers and producers
What flows from businesses to households in the circular flow of income?
Goods and services
How is the flow of income from households to businesses usually represented in the circular flow model?
Wages and salaries
Test your knowledge of the circular flow of income with this quiz. Explore the main participants in the circular flow, understand what flows from businesses to households, and learn how the flow of income from households to businesses is typically represented in the model.
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