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In a 1-2pagepaperdevelopthe concepts of the circular flow of goods and services. Begin by reviewing this video: Use the link in the bracket to access

In a 1-2pagepaperdevelopthe concepts of the "circular flow" of goods and services. Begin by reviewing this video: Use the link in the bracket to access the video- (https://www.stlouisfed.org/education/economic-lowdown-video-series/episode-6-circular-flow)Circular Flowfrom the St. Lois Federal Reserve.

Then, select one good you are familiar with. Describe how the good moves in relation to:

  • Households
  • Suppliers of goods and services
  • Money

Be sure you have presented your assignment in a logical format, that has an introduction paragraph, the body (one or more paragraphs), and a concluding paragraph.

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