Question

Explain types of Circular Flow with diagrams:​

Answer 1

Answer:

A circular flow diagram represents how goods, services, and money move through our economy. There are two major actors known as households and firms. Firms offer goods and services for households to consume. ... Households also offer the firms their money in the form of spending when they purchase goods.

Explanation:

sorry...not able to give diagram

Answer 2

• A circular flow diagram represents how goods, services, and money move through our economy. There are two major actors known as households and firms. Firms offer goods and services for households to consume. ... Households also offer the firms their money in the form of spending when they purchase goods

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