in-the-circular-flow-diagram-what-happens-when-a-household-pays-for-a-service-pr

Question

In the circular flow diagram, what happens when a household pays for a service provided by a firm?

Accepted Answer

Money flows from the household to the firm; services flow from the firm to the household.

Answer

Money and services both flow from the firm to the household.

Answer

Money and services both flow from the household to the firm.

Answer

Money flows from the firm to the household; services flow from the household to the firm.