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I am gonna upload second pic of the question continueing. The following diagram presents a circular-flow model of a simple economy. The outer set of

I am gonna upload second pic of the question continueing.

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The following diagram presents a circular-flow model of a simple economy. The outer set of arrows (shown in green) shows the flow of dollars, and the inner set of arrows (shown in red) shows the corresponding flow of inputs and outputs. Markets for Goods and Services Firms Households Markets for Factors of Production Based on this model, firms earn revenue when purchase in product markets. Suppose Becky earns $500 per week working as jewelry appraiser for Classy's Jewelry Store, She uses $10 to have breakfast at Dinah's Diner Dinah's Diner pays Alex $500 per week to work as a short-order cook. Alex uses $400 to purchase necklace from Classy's Jewelry Store. 8:59 32%

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