Using a well labeled diagram, explain the flow of income in a two sector economy

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Using a well labeled diagram, explain the flow of income in a two sector economy

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anony mous · Answer 1 · 2021-08-26T07:16:50+0000

Flow of income
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A-households provide firms with factors of production
B-Firm provide households with goods and services
C- Firms provide households with income for factors of production
D- Households provide firms with income after buying goods and services

Using a well labeled diagram, explain the flow of income in a two sector economy

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