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. 
Definitions:
Q1: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5063/.jpg" alt=" _ Syncytial knot
Q4: _ Nuclear aggregation<br>A)Separate placentas and membranes<br>B)Fibrinoid material<br>C)Amniochorionic
Q5: Refer to Figure 9-15.With trade and without
Q8: Workers,rather than firms,bear most of the burden
Q13: The business cycle is measured by the<br>A)production
Q14: Which of the following statements is not
Q28: _ Labia minora<br>A)Urogenital folds<br>B)Rete testis<br>C)Glandular plate<br>D)Genital tubercle<br>E)External
Q29: As a rationing mechanism,discrimination according to seller
Q30: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5063/.jpg" alt=" _ Becomes the
Q52: Trade allows a person to obtain goods