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Economists present the economy as a simplified economic circular-flow model to show how the different participants interact with each other. Discuss, in detail, without the

Economists present the economy as a simplified economic circular-flow model to show how the different participants interact with each other. Discuss, in detail, without the use of a diagram, the interaction of all the participants in the open economic circular-flow model.Discuss in detail/In-depth discussion/Examine/ Critically discuss/ Analyse/Compare/Evaluate/Distinguish/ Differentiate/ Explain/ Assess/Debate the Circular flow model giving practical examples

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