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How are producers payments for resources illustrated by the circular flow of the economy?
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What are the two payments in the free market circular flow model?
Resource markets and product markets are the two payments int he free market circular flow model. Both of these markets are for businesses and households.
What are two types of payments in the free market circular flow model?
Resource and product markets.
Name one economic interaction that isn't covered by the simplified circular?
Tax payments aren't shown in the simplified version... Roles of the government and international trade are not shown.
What do the inner arrows of the circular flow model represent?
flow of money payments(Kaylop)Factor services ( From household to firms) &Goods & Services (From firms to households).[in a 2 sector economy)
What do the inner arrows of the circular flow model represents?
flow of money payments(Kaylop)Factor services ( From household to firms) &Goods & Services (From firms to households).[in a 2 sector economy)
What are the two payments in the free market circular flow model?
Resource markets and product markets are the two payments int he free market circular flow model. Both of these markets are for businesses and households.
What are two types of payments in the free market circular flow model?
Resource and product markets.
Examples of sentences includes whatsoever?
there are nogovernment payments，no direct subsidies whatsoever，to sugar producers.
Are tax payments deductible?
Estimated Income tax payments are not deductible in figuring out what your taxable income is, that determines how much your actual income tax is. See, that's circular.
What ordered all payments for federal land to be made in gold or silver?
Andrew Jackson in 1836, It was called the Specie Circular
What do you mean by factor payments?
Factor payments means is a wage or interest or rent or profit payment for a service of scarce resources, in return for a productive services.
The life skill using community resources means?
Community resources are set up for people in need. These community resources include government run welfare offices, state and county run community action resource action agencies, and churches. These resources provide food for the needy, and oftentimes cash assistance for payments of rent and utility payments.
Name one economic interaction that isn't covered by the simplified circular?
Tax payments aren't shown in the simplified version... Roles of the government and international trade are not shown.
In the circular flow of goods and services what does the government use money payments to provide?
Goods and services
In the circular flow of goods and services what does the resource market represent?
all the exchanges of goods and services in an economy
Who are some of the companies that can provide assistance with structured payments?
There are many different companies that offer assistance with structured payments. One of the most reputable resources would likely be one's local financial institution.
What are three factors of production and the two types of payments that appear in the free market circular flow model?
The three factors of production are capital, labor, and land. Two types of payments are from firms and households. These payments go to the goods and services markets.
