Four sector model is also called:
A) International model
B) Open economy model
C) closed economy model
D) None of the above
Answers
Answered by
2
Answer:
option d is the answer because
Four sector model studies the circular flow in an open economy which comprises of the household sector, business sector, government sector, and foreign sector. ... When the domestic business firms export goods and services to the foreign markets, injections are made into the circular flow model.
Answered by
3
Answer:
B) Open economy model
Mark it as the brainliest answer.
Similar questions
Social Sciences,
23 days ago
Math,
23 days ago
Math,
23 days ago
Biology,
1 month ago
Science,
1 month ago
Computer Science,
9 months ago
Social Sciences,
9 months ago