In the circular flow model, the expenditures on goods and services flow in the

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Evan Shah

Business

2 December, 07:21

In the circular flow model, the expenditures on goods and services flow in the

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Answers (1)

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Phillip · Answer 1

The answer is opposite direction as goods and services.

In the circular flow model, the expenditures on goods and services will be paid by the households to the producers/

The direction of goods and services (products) on the other hand, will be given by the producers to the households.