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What is the primary way that payments flow from you.s. households to the government?
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What are The two primary players in the circular flow model are?
Households and Businesses
What are the two payments in the free market circular flow model?
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.
What do the inner arrows of the circular flow model represent?
flow of money payments(Kaylop)Factor services ( From household to firms) &Goods & Services (From firms to households).[in a 2 sector economy)
What do the inner arrows of the circular flow model represents?
flow of money payments(Kaylop)Factor services ( From household to firms) &Goods & Services (From firms to households).[in a 2 sector economy)
What do the inner arrows of the circular flow model represent.?
flow of money payments(Kaylop)Factor services ( From household to firms) &Goods & Services (From firms to households).[in a 2 sector economy)
Which is a primary way payments flow from US households to the government?
Taxes
The two primary players in the circular flow model are:?
Households and businesses
What are The two primary players in the circular flow model are?
Households and Businesses
In the circular flow of goods and services what does the resource market represent?
all the exchanges of goods and services in an economy
What are the two payments in the free market circular flow model?
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.
What do the inner arrows of the circular flow model represent?
flow of money payments(Kaylop)Factor services ( From household to firms) &Goods & Services (From firms to households).[in a 2 sector economy)
What do the inner arrows of the circular flow model represent.?
flow of money payments(Kaylop)Factor services ( From household to firms) &Goods & Services (From firms to households).[in a 2 sector economy)
What do the inner arrows of the circular flow model represents?
flow of money payments(Kaylop)Factor services ( From household to firms) &Goods & Services (From firms to households).[in a 2 sector economy)
In the circular flow model firms compensate households with which items?
households
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--
What is three-sector economy?
In a Three-sector economy ,along with the household sector & business sector there is government sector too.Because the government can influence on the circular flow of income in 2 ways.1.It collects taxes[=T] from households & firms,and2.it makes various payments [=G] to household & business sectors.Here taxes can be taken as a lekage & government expenditure as an injection.
Which way does money flow in the circular flow?
From the product market to households.
