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Which of the following is a CORRECT statement about a chart of accounts?
Doghouses
Typically small shelters built or purchased for dogs, offering them protection and comfort.
Circular-Flow Diagram
An economic model that illustrates how money moves through society and the economy, from households to businesses and then back again.
Economy
An organized system of production, distribution, and consumption of goods and services within a geographical area.
Circular-Flow Diagram
A model that illustrates the movement of goods and services and money between households and businesses in the economy.
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