Examlex
To retain information in working memory, individuals must _____.
Circular-Flow Diagram
A visual model of the economy that illustrates the exchanges between households and firms through markets for products and resources.
Economy
A system of production, distribution, and consumption of goods and services in a particular geographic region.
Production Possibilities
A graphical representation showing the maximum quantity of goods and services that an economy can produce when all resources are used efficiently.
Circular-Flow Diagram
A visual model of the economy that shows how dollars flow through markets among households and firms.
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