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According to the circular flow diagram in Exhibit 4 consumption spending flows into U.S. product markets but import spending does not But US households buy imported goods in US markets

According to the circular flow diagram in Exhibit 4, consumption spending flows into U.S. product markets but import spending does not. But U.S. households buy imported goods in U.S. markets, don’t they? Explain.

Apr 06 2020 View more View Less

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