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1.In the circular-flow diagram: A.Firms are sellers in the resource market and the product market. B.Households are sellers in the resource market. C.Firms are buyers

1.In the circular-flow diagram:

A.Firms are sellers in the resource market and the product market.

B.Households are sellers in the resource market.

C.Firms are buyers in the product market.

D.Spending on goods and services flow from firms to households.

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