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26 December, 05:06

According to the circular-flow model, which do producers provide to consumers?

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  1. 26 December, 06:04
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    According to the circular flow model, which do producers provide to consumers is goods and services.

    Explanation:

    The circular-flow model explains the concept of movement of goods and services in an economy market.

    Consumers are known as households, who buy the products and supply the factors or requirements of production to producers, who are known as firms. The products and services are manufactured by the firms and sold to households
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