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Which of the following statements about a circular flow model is false?
Culture
The set of shared values, norms, beliefs, and practices that influences the behaviors and attitudes of a group of people.
New Product Launches
The process of introducing a new product to the market, involving development, marketing strategies, and distribution plans to reach target customers.
Basic Necessities
Essential items needed for survival and basic comforts, typically including food, clothing, and shelter.
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