The simplest circular model of the united states economy depicts the economy as a cycle in which resources flow between which two entities?
a. supply and demand
b. businesses and households
c. the government and foreign countries
d. goods and services

The answer is actually B. businesses and households

Just had this on my test :)

The simplest circular model of the United States economy depicts the economy as a cycle in which resources flow between which two entities? B. Businesses and households

Explanation: The economy as a cycle where resources flow between businesses and households shows how people buy products and use them and people make products and sell them and the cycle keeps going around. People are able to thrive in society due to the buying, selling, and consumption of goods and services.

by using  production possibilities graph.  opportunity costs are key expenses in financial matters and are utilized as a part of registering money saving advantage investigation of a venture. such expenses, be that as it may, are not recorded in the record books but rather are perceived in basic leadership by processing the money costs and their subsequent benefit or misfortune.

the economic difference between the three colonial regions. shipbuilding, whaling, fishing, and trapping where also main factors to the economy. the southern regional colonies economy was based on sugarcane, rice, cotton, tobacco, and indigo.