1.Understanding the Circular Flow Diagram. In the circular flow diagram, why do the arrows corresponding to the flow of dollars and the arrows corresponding to the flow of goods go in opposite...


1.Understanding the Circular Flow Diagram. In the circular flow diagram, why do the arrows corresponding to the flow of dollars and the arrows corresponding to the flow of goods go in opposite directions?


2. Looking at Both Sides. Explain why we can measure the output of an economy by looking at either production or income.



May 20, 2022
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