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Answer these open-ended questions in a short paragraph sentences: 1.) Describe the circular flow diagram, do you see this as a useful model, give two

Answer these open-ended questions in a short paragraph sentences:

1.) Describe the circular flow diagram, do you see this as a useful model, give two concepts that the model fails to consider.

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LESSON SUMMARY Circular Flow Diagram f HOUSEHOLDS FACTORS INCOMES SPENDING GOODS CARPET CLEANING FIRMS study.com Circular Flow Diagram in Economics: Definition & Example

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