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What is provided by the consumers in the circular flow of the free market system?
Wiki User
∙ 7y ago
Wages
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Clovis Waters
Wiki User
∙ 12y agoConsumer spending drives demand for goods and services. (study island)
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What is the role for consumers and producers in a free market system?
A circular flow model
What is provided by producers in the circular flow of the free market system?
Individual goods
Which best explains how a free market system has a circular flow of influences?
Consumers decisions affect producers, and producer decisions affect consumers.
Which of the following best explains why the circular flow model characterizes the free-market system?
Consumers and producers influence each other in a circular fashion.
Because the choices of consumers influence producers and the choices of producers also influence consumers the free-market system has which of the following?
A circular flow of influences
What is the role for consumers and producers in a free market system?
A circular flow model
Why circular flow model characterizes the free market system?
Consumers and producers influence each other in a circular fashion.
What is provided by producers in the circular flow of the free market system?
Individual goods
What results the fact that a free market is based on the free choices of consumers and producers?
The free-market system has a circular flow of influences.
Which best explains how a free market system has a circular flow of influences?
Consumers decisions affect producers, and producer decisions affect consumers.
Which of the following best explains why the circular flow model characterizes the free-market system?
Consumers and producers influence each other in a circular fashion.
Because the choices of consumers influence producers and the choices of producers also influence consumers the free-market system has which of the following?
A circular flow of influences
What best demonstrates the way consumers and producers influence each in the free market system?
A circular flow model
Which of the following best demonstrates the way consumers and producers influence each other in the free market system?
A circular model
Why does the free-market system follow a circular flow?
consumersThe free choices made by consumers and producers influence each other.
Why does the free market system follow a circular flow?
consumersThe free choices made by consumers and producers influence each other.
Why does the free-market system follow a circular flow model?
consumersThe free choices made by consumers and producers influence each other.
