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Entrance and Exit Are ____

question 24

Multiple Choice

Entrance and Exit are ____.


Definitions:

Money Flow

refers to the movement of money within the economy, covering the circulation of money between individuals, businesses, and governments.

Circular-Flow Diagram

A visual model that shows how money moves through an economy, typically between households and firms.

Firm

An organization or business entity engaged in commercial, industrial, or professional activities, typically with the aim of generating profit.

Normative

Relating to an evaluative or prescriptive standard or principle, often regarding moral or ethical considerations.

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