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A diagram shows 4 flows between Businesses and Households.The outer loop 1 flows from households to businesses. The outer loop 2 flows from businesses to households. The inner loop 3 flows from businesses to households. The inner loop 4 flows from households to businesses. Refer to the diagram. Arrows (1) and (2) represent Multiple Choice resources and goods, respectively. money incomes and output, respectively. output and money incomes, respectively. goods and resources, respectively.



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