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Government is added into the circular flow model of a mixed economy.
what does a circular model of a mixed economy show
A circular flow model
what role do businesses that go to the market play in the circular flow model
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.
Government is added into the circular flow model of a mixed economy.
Government is added into the circular flow model of a mixed economy.
Government is added into the circular flow model of a mixed economy.
what does a circular model of a mixed economy show
marginal utility model ....i think circular flow model....
Government
A circular flow model
what role do businesses that go to the market play in the circular flow model
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.
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.
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.
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.