Leakages = Injections
A circular flow model
what does a circular model of a mixed economy show
Draw and explain circular flow model
The non equilibrium model says that communities are constantly changing after being affected by disturbances.
walras
A circular flow model
what does a circular model of a mixed economy show
Draw and explain circular flow model
The non equilibrium model says that communities are constantly changing after being affected by disturbances.
walras
since there will be leakages from the circular flow
since there will be leakages from the circular flow
Government is added into the circular flow model of a mixed economy.
Government is added into the circular flow model of a mixed economy.
Taxation Imports Savings
what role do businesses that go to the market play in the circular flow model
circular model is simultaneously it talks back from the sender to sender. while, helical model is a upward to downward communication - from one person to another or from the group.