Basic Circular-Flow Diagram
{"Image DocumentName": "Basic Circular-Flow Diagram", "Image ImageDescription": "A simple model of a market-based economy. Decision-makers: Households: buy goods and services with money (goods market); sell factors of production (labour, land, capital) for money in factor markets. Business firms: sell goods and services for money (goods market); buy factors of production with money in factor markets.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}