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Compare the circular flow diagrams of a free market and mixed economy describe hoe they differ and why?
Wiki User
∙ 10y ago
In a mixed economy, the government purchases land, labor,and capital from households in the factor market, and purchases goods and services in the product market.
Wiki User
∙ 10y ago
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How does the circular flow model of a mixed economy compare with that of a market economy?
Government is added into the circular flow model of a mixed economy.
Describe circular flow model of an open economy?
it is a flow of cash between businesses,fims
The circular flow model of a mixed economy shows .?
what does a circular model of a mixed economy show
How does credit make the economy grow include circular flow?
The monetary flow in a given economy as a result of the access to the credit makes the economy grow which includes the circular flow.
How does the circular flow of economic activity generates wealth in an economy?
It doesn't. The economy will remain stagnent.
How does the circular flow model of a mixed economy compare with that of a market economy?
Government is added into the circular flow model of a mixed economy.
How does the circular flow market of a mixed economy compare with that of a market economy?
Government is added into the circular flow model of a mixed economy.
Does the circular flow model of a mixed economy compare with that of a market economy?
Government is added into the circular flow model of a mixed economy.
Describe circular flow model of an open economy?
it is a flow of cash between businesses,fims
The circular flow model of a mixed economy shows .?
what does a circular model of a mixed economy show
How does credit make the economy grow include circular flow?
The monetary flow in a given economy as a result of the access to the credit makes the economy grow which includes the circular flow.
How does the circular flow of economic activity generates wealth in an economy?
It doesn't. The economy will remain stagnent.
What is the expanded circular flow model of the economy?
The circular flow model of the economy is a conceptualization of the basic flows of income and spending in the economy during a given period of time. It is usually depicted on a diagram, which can be viewed at the Related Link.
What is the significance of the Production function?
*it enables the circular flow of economy
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.
Where can one compare the miles per gallon or fuel economy of different vehicles?
Fuel Economy website allows anyone to compare the miles per gallon or fuel economy of different vehicles. One can compare the car's fuel economy directly on the front page of the website.
Circular flow of income in a four sector economy?
product market
