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dzj2000
dzj2000 dzj2000
  • 18-01-2017
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what is the role of product markets in the circular flow model?

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narwhalslippers
narwhalslippers narwhalslippers
  • 18-01-2017

A simplified circular flow model illustrates how goods and services are exchanged in free markets. ... More detailed circular flow models sometimes include the role of government, financial institutions, and foreign firms in the conduct of business.

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