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What are the two basic kinds of inequity?
Circular-Flow Diagram
A graphical representation of the economic system that illustrates the movement of money through markets between families and businesses.
Visual Model
A graphical or pictorial representation of data or concepts, used to simplify complex information and enhance understanding.
Circular-Flow Diagram
A visual model depicting the flow of goods, services, and money between households and businesses in an economy.
Circular-Flow Diagram
A visual model that shows how money moves through an economy between households, businesses, and the government.
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