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Why does the free market system follow a circular flow?

Anonymous

∙ 7y ago

Updated: 11/20/2022

consumers

The free choices made by consumers and producers influence each other.

Gussie Gutkowski ∙

Lvl 10

∙ 3y ago

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

A circular flow model

Why does the free-market system follow a circular flow model?

consumersThe free choices made by consumers and producers influence each other.

What is provided by producers in the circular flow of the free market system?

Individual goods

What effect do the consumer-protection regulation have on the circular flow of the free market system?

R

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.

Related Questions

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

A circular flow 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 model?

consumersThe free choices made by consumers and producers influence each other.

What is provided by producers in the circular flow of the free market system?

Individual goods

Why circular flow model characterizes the free market system?

Consumers and producers influence each other in a circular fashion.

What effect do the consumer-protection regulation have on the circular flow of the free market system?

R

How do anti trust laws affect the circular flow of the free market system?

They speed up the flow of capital and wages

What speeds up the flow of investent and wages in the circular flow of the free-market system?

Antitrust laws consumer-protection regulations

What speed up the flow of investment and wages in circular flow of the free market system?

Antitrust laws consumer-protection regulations

What speed up the flow of investment and wages in the circular flow of free market system?

Antitrust laws consumer-protection regulations

What speeds up the flow of investment in wages in the circular flow the free-market system?

Antitrust laws consumer-protection regulations

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.

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