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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


Circular flow of economic activity?

Cached - SimilarYou +1'd this publicly. UndoIn economics, the terms circular flow of income or circular flow refer to a simple economic model which describes the reciprocal circulation of income


How does the circular flow of economic activity generates wealth in an economy?

It doesn't. The economy will remain stagnent.


The circular flow of economic activity describes an economy that is free of market true ofr false?

False


The circular flow of economic activity describes an economy that is free of markets?

The market is the mechanism that brings together households and firms.


How various marketing activities influence the flow of goods and services?

The circular flow of economic activity is a model showing the basic economic relationships within a market economy.


What is the difference between economic and noneconomic activity?

Economic activity is the activity in which we work for earning an incom. Non economic activity is the activity wich we do it for our satisfaction.


What is the difference between economic and noneconomic?

Economic activity is the activity in which we work for earning an incom. Non economic activity is the activity wich we do it for our satisfaction.


Lumbering is a major economic activity?

its an economic activity of Canada


What is a Another name for economic activity?

what is meant by economic activity


The circular flow of economic activity is characterized by?

How people produce (make money) and consume (spend money).


A world economic activity map shows information about?

The different economic activity shown in that location.