Which of the following best describes the circular flow model?
a) the model represents...
Social Studies, 27.11.2019 07:31 dakotacsey03
Which of the following best describes the circular flow model?
a) the model represents the movement of money throughout the economy.
b) the model represents the interactions within sectors.
c) model represents the flow of goods and services between sectors.
d) the model represents the changing relationships between actors.
Answers: 1
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In the kingdom of saudi arabia the government controls every aspect of oil production which makes up the majority of the country's economy. while other businesses are owned by individuals, the biggest segment of saudi arabia's economy is oil production. saudi arabia's economy would best be described as a) entirely market. b) almost entirely command. c) a mixture between just market and traditional. d) a mixed economy with large amounts of command.
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