Question

Name two markets in the economy

Answer 1

Explanation:

There are two markets available in the basic version of circular flow. It includes resource markets and product markets. When it comes to product markets, it is a blend of various markets in this economy which exchange the final services and goods.

Answer 2

Answer:

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Market's

Market, a means by which the exchange of goods and services takes place as a result of buyers and sellers being in contact with one another, either directly or through mediating agents or institutions

• There are two markets available in the basic version of circular flow. It includes resource markets and product markets.