1. The Circular Flow of Goods and Income of Households and<br />Firms, with the Government and Foreign Countries<br /> GOVERNMENT <br /> Wages, Rents, Purchase of<br /> Interest goods and<br /> Purchase of services<br /> <br /> Purchase of goods and Services<br /> <br /> Economic Resources<br /> HOUSEHOLDS PRODUCING UNITS<br /> Money, Payments<br /> (Rents, Wages, Interests) <br /> Good Services<br /> Money payments Money payments<br /> for exports for imports<br /> FOREIGN COUNTRIES<br />Circular Flow of Good among Production Units<br />Raw Material<br />ConsumersRaw Material FirmFinal GoodsFinal Good FirmIntermediate GoodsIntermediate Firm<br />