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. Based on this model, households earn income when purchase in markets for factors of production. Suppose Poornima earns $750 per week working as an air traffic controller for PlaneRed Alilines. She uses $8 to install reflectuve stickers on her bike at Riley's Off-Road Repair, Riley's Off-Road Repair pays Manuel $350 per week to fix bicycles. Manuel uses $325 to purchase a flight from PlaneRed Alifines. Suppose Poornima earns $750 per week working as an air traffic controller for PlaneRed Airlines. She uses $8 to install reflective stickers on her bike at Riley's Off-Road Repair, Riley's Off-Road Repair pays Manuel $350 per week to fix bicycles. Manuel uses $325 to purchase a flight from PlaneRed Airlines. Identily whether each of the following events in this scenario occurs in the market for factors of production or the market for goods and services. Which of the elements of this scenario represent a flow from a household to a firm? This could be a flow of dollars, inputs, or outputs. Check all that apply. The $325 Manuel spends to purchase a fight from Planeped Airlines The reflective stickers Poornima receives Poornima's labor True or faise: For the economy as a whole, expenditures must equal income. True False