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Colt1911 [192]
3 years ago
6

What is the role of product markets in the circular flow model?

History
1 answer:
alukav5142 [94]3 years ago
6 0
A simplified circular flow model<span> illustrates how goods and services are exchanged in free </span>markets<span>. ... More detailed </span>circular flow models<span> sometimes include the </span>role<span> of government, financial institutions, and foreign firms in the conduct of business.

</span>
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