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    Exam 2: Thinking Like an Economist
  5. Question
    The Two Loops in the Circular-Flow Diagram Represent
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The Two Loops in the Circular-Flow Diagram Represent

Question 47

Question 47

Multiple Choice

The two loops in the circular-flow diagram represent


A) (i) the flow of goods and (ii) the flow of services.
B) (i) the flow of dollars and (ii) other financial flows.
C) (i) inputs into production processes and (ii) outputs from production processes.
D) (i) the flows of inputs and outputs and (ii) the flow of dollars.

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