In a circular flow diagram, a. goods and services flow in a clockwise direction. b. goods and

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In a circular flow diagram,

a. goods and services flow in a clockwise direction.

b. goods and services flow in a counterclockwise direction.

c. product markets appear at the top of the diagram.

d. factor markets appear at the left of the diagram.

e. both b and c are true.

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Exploring Economics

ISBN: 9780324395464

4th Edition

Authors: Robert L. Sexton

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