Home / Questions / The diagram of circular flow of income shows
The diagram of circular flow of income shows
I. Households providing firms with factors of production.
II. Income for factors of production flowing from households to firms.
III. Firms owning factors of production.
[A]Only (I) above
[B]Only (III) above
[C]Both (I) and (III) above
[D]Both (II) and (III) above
Jan 09 2018 View more View Less
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