Tags Economics

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Business>Economics

What are the two payments in the free market circular flow model?

Updated: 4/28/2022

Wiki User

∙ 9y ago

Best Answer

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.

Wiki User

∙ 9y ago

This answer is:

Add your answer:

Earn +20 pts

Q: What are the two payments in the free market circular flow model?

Write your answer...

Submit

Still have questions?

imp

Continue Learning about Economics

What are two types of payments in the free market circular flow model?

Resource and product markets.

What is the role for consumers and producers in a free market system?

A circular flow model

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 businesses that go tothe market play in the circular model?

what role do businesses that go to the market play in the circular flow model

What are the actions of producers in the circular flow model?

sell good and services i the market

Related questions

What are two types of payments in the free market circular flow model?

Resource and product markets.

What is the role for consumers and producers in a free market system?

A circular flow model

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.

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.

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 businesses that go tothe market play in the circular model?

what role do businesses that go to the market play in the circular flow model

What are the actions of producers in the circular flow model?

sell good and services i the market

What role do people who go to the market play in the circular flow model?

The people who go to the market are consumers.

What role do business that go to the market play in the circular flow model?

to sell their product

What does the circular flow model show?

the interactions between households and businesses in the free market

What role do people who go into the market play in the circular flow model?

Consumers to buy

Why circular flow model characterizes the free market system?

Consumers and producers influence each other in a circular fashion.

Trending Questions

Is a method of reaching an agreement in which representatives of employees and employers discuss solutions to changes in the labor contract? Explain the competitive and conversion effects of exchange rate changes on the firms operating cash flow? How many rupees is a can of coke? How much money is an orange? Why was the crop line system bad for small farmers? What problems did the merchants face with cottage industry? How is pest and diseases a problem for peasant farmers? If the Iraqi Dinar has two zeros lopped off will an investment of 1000.00 USD in Iraqi Dinar become worth less. I believe that I read somewhere that the value stays the same against foreign currency? How many federal reserve districts did the Federal Reserve Act divide the US into? How do big businesses benefit from economies of scale? What happens to the supply and demand curve in the long run when the government increases spending? Why might a government grant subsidies to certain individuals or businesses? An example of primary sector in Birmingham? What is aid to trade in commerce? What are expendable goods? What does the Russian term perestroika mean? What terms are associated with a market economy? What is characteristics of financial services? How much money on average do people in china make? Are monopolists price takers as are competitive firms?

Still have questions?

imp

Previously Viewed

What are the two payments in the free market circular flow model?

Resources

Top Categories

Product

Company

Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.