Circular flow shows different sectors

  1. In the circular flow of income and spending, i.e. the basic flow of income and spending between households and firms
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  2. Circular flow shows different sectors of the economy depending on each other. That means they are interdependent on each other.
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  3. Using a Circular Flow diagram as a reference, describe how changes in one of the sectors of an economy will influence aggregate
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    2. joe asked by joe
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  4. Using a Circular Flow diagram as a reference, describe how changes in one of the sectors of an economy will influence aggregate
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  5. The U.S. capitalist system relies on a theoretical model, the circular flow model, with three basic elements interacting
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  6. The reason markets work so well is that one person's output always becomes another person's input. Goods are produced and
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  7. The circular flow model of a mixed economy shows _____.how taxes and profits are related how government interacts with
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  8. Which best demonstrates the way consumers and producers influence each other in the free-market system?Responses assembly line
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  9. Which label shows where business fits on a circular flow diagram?
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  10. c to the leftd is at the top households is to the right b is at the bottom and a is in the middle which label shows where
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