Examlex
Discuss the composition and characteristics of Earth's layers. How was the composition of the mantle and core determined?
Consumption Expenditures
The total amount spent by households on goods and services for their own use, not including savings or investments.
Households
Economic entities (of one or more persons occupying a housing unit) that provide resources to the economy and use the income received to purchase goods and services that satisfy economic wants.
Product Market
The marketplace where final goods or services are offered to consumers, businesses, and the public sector.
Circular Flow Model
An economic model depicting the continuous, circular flow of goods, services, and money between households and businesses in an economy.
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