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Figure 2-2 -Refer to Figure 2-2.If the Outer Loop of This Circular-Flow

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Figure 2-2 Figure 2-2   -Refer to Figure 2-2.If the outer loop of this circular-flow diagram represents flows of dollars,then the inner loop includes A) flows of goods and services from households to firms. B) flows of inputs from households to firms. C) flows of rent payments paid to owners of land. D) flows of wages and salaries paid to workers.
-Refer to Figure 2-2.If the outer loop of this circular-flow diagram represents flows of dollars,then the inner loop includes

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Definitions:

Circular Definition

A definition that uses the term being defined as part of its own definition, thus not providing any useful information.

Differentia

The property or set of properties that sets something apart from others of the same kind or category.

Level Of Abstraction

The level of abstraction refers to the degree to which information is generalized or removed from the specific instances, enabling broader or more conceptual thinking.

Referents

The actual thing or concept that a word or phrase refers to.

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