Question
Unit 1.4The Circular Flow Diagram (Assignment) NOTE: To solve this assignment use the PowerPoint (week-1) that accompanies it (2-sector). Q-1). Do you know the flow?
"Unit 1.4The Circular Flow Diagram (Assignment)"
NOTE: To solve this assignment use the PowerPoint (week-1) that accompanies it (2-sector).
Q-1). Do you know the flow?
Find a circular flow model below with missing flow, label each flow with 1, 2, 3, ... 7, 8. Also show the spending and revenue or wages/profits and income (money flow) and goods/services (Real Flow). Answer the scenarios using the numbers you have labeled on a circular flow model. To answer correctly, pay close attention to the subject and verb in each scenario.
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Economics of Money, Banking and Financial Markets
Authors: Frederic S. Mishkin
9th Edition
978-0321607751, 9780321599797, 321607759, 0321599799, 978-0321598905
