8. In the circular flow model, explain the real flow and/or the money flow in which each...

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8. In the circular flow model, explain the real flow and/or the money flow in which each item in List 1 belongs. Illustrate your answers on a circular flow diagram.

You buy a coffee at Starbucks.

The government buys some Dell computers.

A student works at a FedEx office.

Donald Trump rents a building to Marriott hotels.

You pay your income tax.

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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