File:Economics circular flow diagram.jpg
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Summary
| Description |
English: The circular flow diagram shows how households and firms interact in the goods and services market, and in the labor market. The direction of the arrows shows that in the goods and services market, households receive goods and services and pay firms for them. In the labor market, households provide labor and receive payment from firms through wages, salaries, and benefits. |
| Date | |
| Source | https://openstax.org/details/books/principles-microeconomics (CNX_Econ_C01_002.jpg) |
| Author | OpenStax College |
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 01:09, 4 September 2017 | | 390 × 262 (69 KB) | Dave Braunschweig | User created page with UploadWizard |
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