Using this outline,draw a circular-flow diagram representing the interactions between households and firms in a simple economy.Explain briefly the various parts of the diagram.
Definitions:
Soft Tissue
Refers to tissues that connect, support, or surround other structures and organs of the body, not including bones.
Bony Feature
Distinctive skeletal structures or characteristics that are made of bone tissue.
Vertebra Prominens
The seventh cervical vertebra (C7) characterized by its long and prominent spinous process.
Hyoid Bone
A U-shaped bone in the neck that supports the tongue and provides attachment points for muscles associated with swallowing and speech.
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