In the circular flow model what are the exchanges in the product market ? factors of production are exchanged for income payments goods and services are exchanged for factors of production resources and

In the circular flow model what are the exchanges in the product market ?

factors of production are exchanged for income payments

goods and services are exchanged for factors of production

resources and exchanged for final payments for goods and services

goods and services are exchanged for final payments for goods and services

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