Business, 10.05.2021 23:10 kyriebarnes143

The circular flow model is a crucial component of economics that shows how firms and households depend on each other to keep the economy healthy.
1. Describe the type of exchanges that are made between firms and households in the
product market. Then, to illustrate your description, provide a specific example of an
exchange that might occur between a firm and a household in the product market. (1
point for the description, 1 point for the example)
2. Describe the type of exchanges that are made between firms and households in the
factor market. Then, to illustrate your description, provide a specific example of an
exchange that might occur between a firm and a household in the factor market (1 point
for the description, 1 point for the example)

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 14:20

What is the proper adjusted cash balance per bank? (round answers to 2 decimal places, e.g. 52.75.) the proper adjusted cash balance per bank $enter a dollar amount rounded to 2 decimal places (b) what is the proper adjusted cash balance per books? (round answers to 2 decimal places, e.g. 52.75.) the proper adjusted cash balance per books

Answers: 3

Answer

Business, 21.06.2019 22:30

Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle

Answers: 2

Answer

Business, 21.06.2019 23:30

Select the correct answer. joshua runs a large manufacturing business that is listed on the stock exchange. his company made good profits in the previous financial year. he now plans to reward his shareholders with handsome dividends. under which category of activities in the cash flow statement would the company’s accountants place this outflow of cash? a. investing activities b. operating activities c. financing activities d. non-operating activities

Answers: 3

Answer

Business, 22.06.2019 18:30

Amanufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. in the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $2,100,000. what should the manufacturer do?

Answers: 1

Answer

You know the right answer?

The circular flow model is a crucial component of economics that shows how firms and households de...

Questions