Flow of goods and services and the flow of dollars


Identify the parts of the model that correspond to the flow of goods and services and the flow of dollars for each of the following activities:

1) Martin earns $15 per hour working in a factory.

2) Matilda spends $6 for a pizza.

3) Madeline's Bakery pays $500 for the rent on its shop.

4) Maria purchases a new pair of earrings for $200.

5) Martin's BMW dealership receives $100,000.00 from the sale of a new car.

6) Martin's BMW dealership pays $10,000 in commission to Matilda for selling a new car.

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Macroeconomics: Flow of goods and services and the flow of dollars
Reference No:- TGS066536

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