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5 Terms

1
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What do Households recieve from Businesses through Resources?

wages, rent, interest, and profit (income)

2
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What do Businesses recieve from Households through Resources?

Land, Labor, capital, and entrepreneurship (

3
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What does the Government provide to Households?

Public Infrastructure, Transfer payments (welfare)

4
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What does the Government provide to Businesses?

Services, Subsidies

5
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How does the Government afford their givings to Businesses and Households?

Taxing both Businesses and Households