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the interactions between households and businesses in the free market
What else can I help you with?
The circular flow model of a mixed economy shows .?
what does a circular model of a mixed economy show
Simple circular flow model shows that?
A simple circular flow model shows the flow of goods and services through the economy. It is basically a model that shows supply and demand in an economy.
What is circular flow model for an open economy?
it is a flow that shows the flow of money openly
A circular flow model shows the relationship between consumers and?
Firms
The circular flow of economic activity sHow is the interdependency of firm and household decision making?
The circular flow of economic activity shows the interdependency of firm and household decision making.TrueFalse TRUE
What diagram shows the movement of goods and services and money from firms to households and from households to firms?
Circular flow
What are the leakages from the circular flow?
You have leakages from your circular flow.
What does the simple circular flow show?
The circular flow model of a mixed economy shows how market systems work and how the business cycle occurs. It is made to help us understand how each sector of economy and how it flows together.
What is the role for consumers and producers in a free market system?
A circular flow model
Why is the circular flow model only a theory?
since there will be leakages from the circular flow
Why is circular flow model only a theory?
since there will be leakages from the circular flow
What does circular flow mean?
Circular flow means the pattern in which goods,services,and resources flow in the marketplace.
