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Describe circular flow model

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Describe circular flow model

asked Jun 27, 2018 194k views

2 votes

Describe circular flow model

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XtremeBytes asked

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A circular flow model illustrates the flow of goods in the economy as firm (the producers) distribute the goods and households (consumers) consume the goods.

Morten Stulen answered Jun 29, 2018

by Morten Stulen

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6 votes

It is something with a circle

Yixing answered Jul 1, 2018

by Yixing

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