households Economic units in a circular flow model that sell land, labor and capital to businesses and purchase goods and services from businesses. Related Related Articles: Glossary: aggregate demandGlossary: balance of paymentsGlossary: circular flow modelGlossary: microeconomicsGlossary: mixed economy Ann Mills Share This Previous Articlegross national product (GNP) Next ArticleM2 December 17, 2020
households
