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pantera1 [17]
3 years ago
5

Within the context of the circular flow of income model, what is the role of financial intermediaries?

Business
1 answer:
Lesechka [4]3 years ago
8 0

Answer:

The role that financial intermediaries play in that diagram of the economy is to leakage or inject money.

Explanation:

To begin with, the concept known as "Circular Flow of Income" refers to a model that is famously known in the economics sciences due to the fact that it is a graphic that shows how the primary entities of the economy of a country interact with each other in order to have a particular outcome expected in the diagram. Therefore that in that context, the financial institutions play the role of intermediaries inside the flow meaning that the can they can either leakage or inject money to the flow. The first one they do it by helping the households to save money in accounts. And the second one they do it by helping the private sector in terms of investing regarding businesses.

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Beginning inventory was $50,000. Inventory purchased during the year cost $75,000. Inventory on hand at year-end was $40,000. Co
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The Cost of Goods Sold or COGS for the period was $85000

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The cost of goods sold is the value or cost of inventory that has been sold off during the period. The Cost of Goods Sold of COGS can be calculated as follows,

COGS = Opening Inventory  +  Purchases  -  Closing Inventory

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8 0
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Suppose that an economy's labor productivity fell by 3 percent and its total worker-hours remained constant between year 1 and y
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In 5-10 sentences, answer the Question; What is a Market Economy?
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3 years ago
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