In the circular flow model, households sell resources to and buy products from _______. Multiple choice question. consumers the government firms other household

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In the circular flow model, households sell resources to and buy products from _______. Multiple choice question. consumers the government firms other household

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KANIKABAJAJ294GO KANIKABAJAJ294GO · Answer 1

In the circular flow model, households sell resources to and buy products from firms.

What is the circular flow model?

The circular flow model demonstrates how money moves from the producers to households and back again in an endless loop.

An economy is an endless circular flow of money. In the circular flow model, households sell resources to and buy products from the firms.

Therefore, C is the correct option.

Learn more about the Circular flow model here:

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