Model of the circular flow of income

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Construct a diagram of the model of the CIRCULAR FLOW OF INCOME for today in the U.S.. Make sure that you include Households, Businesses, Government and the Banking System. Show where Costs of Living, Consumer's Income, Business Receipts and Costs of Production belong on the outside of the diagram. Make sure that the arrows have points to show the direction of the flow.

Reference no: EM13986904

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