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it is a flow of cash between businesses,fims

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Q: Describe circular flow model of an open economy?
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Related questions

The circular flow model of a mixed economy shows .?

what does a circular model of a mixed economy show


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.


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.


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


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.


Explain four sector model with circular-flow diagram?

explain with the help of diagram circular flow of income model in a four sector economy?


What is the role for consumers and producers in a free market system?

A circular flow model


What does the circular flow diagram represent?

Economists use a circular flow model to highlight basic fetures of a market economy. The model shows how voluntary exchange between households and businesses answer the economy's "who" "how" and for whom questions and create a nexessary flow of money products and resources to help satisy wants.


Transactions made between households and businesses in a market economy are illustrated in which model?

marginal utility model ....i think circular flow model....


Draw a circular flow model of economics?

Draw and explain circular flow model