Which of the following is missing from the circular flow model depicted in the textbook?
A) businesses
B) factors of production
C) banks
D) what households spend their money on
E) goods and services

Question

Quizplus · Accepted Answer

The circular flow model typically includes households, businesses, and markets for goods and services and factors of production. Banks, while important in the economy, are not a core component depicted in the basic circular flow model.

Which of the Following Is Missing from the Circular Flow