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Is producers are also consumers of goods and services true or false?
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Who provides the goods and services available to consumers?
Producers
The need to get goods from producers to consumers raises what basic questions?
How are goods and services distributed
The movement of income from producers of goods and services to consumers and back to producers is known as the?
The movement of income from producers of goods and services to consumers, and back to the producer is known as the circular flow. Circular flow is generally shown in a circular flow chart or model.
In economics all goods and services available to consumers are provided by which of the following?
Producers
In a market economy are producers also consumers of goods and services?
True
Who provides the goods and services available to consumers?
Producers
The need to get goods from producers to consumers raises what basic questions?
How are goods and services distributed
What basic questions are raised by the need to get goods from producers to consumers?
How are goods and services to be distributed?
The movement of income from producers of goods and services to consumers and back to producers is known as the?
The movement of income from producers of goods and services to consumers, and back to the producer is known as the circular flow. Circular flow is generally shown in a circular flow chart or model.
The movement of income from producers of goods and services to consumers and back to producers is known as what?
Circular Flow Of Income
In economics all goods and services available to consumers are provided by which of the following?
Producers
In a market economy are producers also consumers of goods and services?
True
What do consumers do that influences producers according to the circular flow model?
Purchase goods and services
What is the circular flow of economic activity?
[NovaNet] the movement of income from producers of goods and services to consumers, and back to producers. [Study Island] Consumer spending drives demand for goods and services.
According to the circular flow model what is something consumers do that influences producers?
Purchase goods and services
In economic terms the marketplace?
any place were consumers and producers buy and sell goods and services
What is the relationship between producers and consumers in economics?
Producers make the goods and consumers buy and use the goods.
