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Q: What is the purpose of the circular flow model of a market economy?
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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.


The circular flow model of a mixed economy shows .?

what does a circular model of a mixed economy show


Transactions made between households and businesses in a market economy are illustrated in which model?

marginal utility model ....i think circular flow model....


In the circular flow of a market economy, the working model assumes that three sectors of a normal economy do not exist. These are the financial sector, the overseas sector, and the _________ sector.?

Government


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

A circular flow model


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 does the simple circular flow show?

The circular flow model of a mixed economy shows how market systems work and how the business cycle occurs. It is made to help us understand how each sector of economy and how it flows together.


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.


What is the expanded circular flow model of the economy?

The circular flow model of the economy is a conceptualization of the basic flows of income and spending in the economy during a given period of time. It is usually depicted on a diagram, which can be viewed at the Related Link.