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Search results with tag "The circular flow model"
The circular flow model closed economy - Cengage
www.cengage.complayers in the economy: households, firms, the factors market, the goods-and-services market, government, and foreign trade. In the macroeconomy, spending must always equal income. The circular flow model is a diagram illustrating the flow of spending and income in an economy. The counterclockwise arrows represent the flow of money. The clockwise
Circular Flow Infographic Activity (Answer Key)
www.atlantafed.orgCircular Flow Infographic Activity (Answer Key) Economists create models to illustrate economic activity. The circular flow model shows us how households, businesses, and the government interact with one another in the economy. Each of these three parts of the economy are affected by the actions of the others. This activity will help you analyze