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The allocation of resources. :P
What else can I help you with?
What is circular flow model for an open economy?
it is a flow that shows the flow of money openly
What is the role for consumers and producers in a free market system?
A circular flow model
Draw a circular flow model of economics?
Draw and explain circular flow model
The circular flow model of a mixed economy shows .?
what does a circular model of a mixed economy show
Why is the circular flow model only a theory?
since there will be leakages from the circular flow
What is circular flow model for an open economy?
it is a flow that shows the flow of money openly
What does the flow of money determine in the circular flow model?
The allocation of resources. :P
What is the role for consumers and producers in a free market system?
A circular flow model
Draw a circular flow model of economics?
Draw and explain circular flow model
The circular flow model of a mixed economy shows .?
what does a circular model of a mixed economy show
Why is circular flow model only a theory?
since there will be leakages from the circular flow
Why is the circular flow model only a theory?
since there will be leakages from the circular flow
What is Circular flow of income model withdrawal from the circular flow?
Taxation Imports Savings
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.
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.
What does the circular flow diagram represent?
Economists use a circular flow model to highlight basic fetures of a market economy. The model shows how voluntary exchange between households and businesses answer the economy's "who" "how" and for whom questions and create a nexessary flow of money products and resources to help satisy wants.
