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Sagot :
The circular flow model examines interactions between households, firm/business sector and government.
The circular flow model shows the supply of funds in society. Money is transferred back and forth from producers and workers in the form of salaries and payments for products. An economy is basically a continuous circle of money flow.
Circular flow model is built in this manner, but real cash flows are more intricate. To more accurately portray the complex advanced economies, academics have included more variables. These components comprise a country's economic output or gross domestic product (GDP). The circular flow of income is yet another name again for model because of this.
The complete question is here:
The circular flow model examines interactions between which sectors of the economy? Check all that apply.
a) Government
b) Foreign
c) Firms
d) household
e) Technology
Learn more about circular flow model here:
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