name any two markets within the four sectior circular flow model
Answers
Explanation:
Some of these large international markets will involve multinational corporations that do business with people in many different countries. The goods and services market. The resource market. The money market.
Answer:
Some of these large international markets will involve multinational corporations that do business with people in many different countries. The goods and services market. The resource market. The money market.
Explanation:
A four-sector model of economy includes households, businesses, government, and foreign trade. ... In four-sector economy, exports are the injections in the national income, while import act as leakages or outflows of national income.
The circular flow model shows the interaction between two groups of economic decision-makers―households and businesses―and two types of economic markets―the market for resources and the market for goods and services.