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What are participants in the economy with one action that contributes to the circular flow of the free-market system?
Wiki User
∙ 15y ago
A. Consumers -Providing investment capital
B. Producers -Paying wages C. Governments -Collecting taxes
Wiki User
∙ 15y ago
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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.
What role do people play in the economy?
The primary participants in the circular flow of goods and services are businesses and households. Households are made up of individuals who both spend money and are the recipients of money. Businesses do the same--
How does credit make the economy grow include circular flow?
The monetary flow in a given economy as a result of the access to the credit makes the economy grow which includes the circular flow.
How does the circular flow of economic activity generates wealth in an economy?
It doesn't. The economy will remain stagnent.
Does russia have a freemarket economy?
yes Russia does have a free market economy after their new president got elected
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.
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.
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.
What role do people play in the economy?
The primary participants in the circular flow of goods and services are businesses and households. Households are made up of individuals who both spend money and are the recipients of money. Businesses do the same--
How does credit make the economy grow include circular flow?
The monetary flow in a given economy as a result of the access to the credit makes the economy grow which includes the circular flow.
What are the four participants in the economy?
government, firms.households AND FOREIGN SECTOR
How does the circular flow of economic activity generates wealth in an economy?
It doesn't. The economy will remain stagnent.
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.
What is the significance of the Production function?
*it enables the circular flow of 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.
