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(Solved): In the circular-flow diagram showing how a market system works, A. income flows to households throug ...



In the circular-flow diagram showing how a market system works, A. income flows to households through factor markets. B. households are demanders and firms are suppliers in factor markets. C. income flows to firms and the government through factor markets. D. households purchase output produced by firms in product and factor markets. E. firms and households are both suppliers in product markets.

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