Economy, asked by puipuipautu18, 6 months ago

explain the two sector circular flow model with financial system​

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Answered by Anonymous
2

Answer:

In the basic two-sector circular flow of income model, the economy consists of two sectors: (1) households and (2) firms. ... The factor owners (households), in turn, spend all of their income on goods, which leads to a circular flow of income.

Explanation:

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Answered by Anonymous
1

Answer:

In the basic two-sector circular flow of income model, the economy consists of two sectors: (1) households and (2) firms. ... The factor owners (households), in turn, spend all of their income on goods, which leads to a circular flow of income.

Explanation:

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