In economics, a circular flow model is a diagram that is used to represent the monetary transactions in an economy.
There are two flows present within the model including flows of physical things (goods or labor) and flows of money (what pays for physical things).<span>The circular flow of income follows a specific pattern: Production → Income → Expenditure → Production.</span>The production possibility frontier can be used to illustrate the circular flow model.Economists use data, statistics, and natural experiments in order to make economic "laws" that explain general patterns.<span>.</span>
Answer:
the fall in orders for new ships and the adoption of new production methods combined to worsen the problems of Scottish heavy industries.
Explanation:
Wolfpack was the turn the used meaning that they will go after medium-to-large sized ships with a bunch or a group of battleships that why faster and hit harder
Answer:
They wanted Germany to be punished for the destruction caused during the war. restore dignity and independence to those countries.
Explanation:
C.) Chamber is part of a bicameral federal legislature
