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Using the outline below,draw a circular-flow diagram representing the interactions between households and firms in a simple economy.Explain briefly the various parts of the diagram.
Pons
A part of the brainstem that plays a key role in controlling breathing, communication between different parts of the brain, and sensations such as hearing, taste, and balance.
Cerebellum
The part of the brain at the back of the skull in vertebrates, responsible for regulating motor movements, including coordination, precision, and timing.
Blood Pressure
Blood Pressure is the force exerted by circulating blood on the walls of blood vessels, crucial for maintaining bodily functions and an indicator of health.
Skilled Movements
Complex actions that require a combination of coordination, strength, precision, and timing to execute effectively, often learned through practice.
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