real flow of economics activities
explain with the help of diagram circular flow of income model in a four sector economy?
Businesses are sellers of products.
the four economic models are as follows: two sector models three sector model four sector model five sector model
A circular flow model
what does a circular model of a mixed economy show
explain with the help of diagram circular flow of income model in a four sector economy?
Government
Businesses are sellers of products.
the four economic models are as follows: two sector models three sector model four sector model five sector model
A circular flow model
what does a circular model of a mixed economy show
Draw and explain circular flow model
flow of money payments(Kaylop)Factor services ( From household to firms) &Goods & Services (From firms to households).[in a 2 sector economy)
flow of money payments(Kaylop)Factor services ( From household to firms) &Goods & Services (From firms to households).[in a 2 sector economy)
flow of money payments(Kaylop)Factor services ( From household to firms) &Goods & Services (From firms to households).[in a 2 sector economy)
since there will be leakages from the circular flow
since there will be leakages from the circular flow