The circular flow diagram shows the flow of money and goods and ...

[Beheh]

The circular flow diagram shows the flow of money and goods and services between households, firms, government, and foreign countries.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The circular flow diagram validates the fact that the different sectors in the economy are independent.
 a. True
  b. False
  Indicate whether the statement is true or false

[olivia_paige29]

Answer to Question 1

True

Answer to Question 2

False

[Beheh]

TYSM

[covalentbond]

Thanks for the timely response, appreciate it