Examlex
-In the figure above,which structures are identical?
Inputs
The resources such as labor, materials, and capital that are used in the production process to create goods or services.
Circular Flow Model
An economic model illustrating the continuous flow of goods, services, and money among households and businesses in an economy.
Real Flows
In economic terms, the exchange of goods, services, and inputs between households and firms, as opposed to financial flows which involve money.
Money Flows
The movement of money into and out of an entity or market, often analyzed to predict economic conditions or market trends.
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