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  3. Study Set
    Principles of Economics
  4. Exam
    Exam 2: Thinking Like an Economist
  5. Question
    In a Circular-Flow Diagram, Spending on Goods and Services Flows
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In a Circular-Flow Diagram, Spending on Goods and Services Flows

Question 3

Question 3

True/False

In a circular-flow diagram, spending on goods and services flows from households to firms and income flows from firms to households.

Correct Answer:

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