Serafin925 Serafin925
  • 11-02-2020
  • Social Studies
contestada

What happens to the circular flow model when consumers demand less?

Respuesta :

nalleitenw
nalleitenw nalleitenw
  • 11-02-2020

The price increases.

The circular flow of income, or wealth, is a model that explains the interaction between the agents of an economy in an aggregate way, through macroeconomics.

This model is represented taking into account two main agents, participants in the economy, which are the companies and the families that integrate it. In addition, based on simplification, the model also considers the government as an agent.

Answer Link

Otras preguntas

What condition fostered the rise of absolute monarch in europe?
A process with less than 100% efficiency is?
What condition fostered the rise of absolute monarch in europe?
the bottom of a ladder must be placed 5 feet from a building. the ladder is 14 feet long. how far above the ground does the ladder touch the wall?
What did the geography of Greece helped create?
what is wrongith this sentence?     He did all the housework today.
You are standing 100 Meters away from your car when an alligator appears 20meters away from you on the opposite side and you start to run with a speed of 5m/s w
Wh does a soccer ball that is quickly rolling across a grass field slow and finally stops rolling
What did the geography of Greece helped create?
What is the answer for this equation? -6x = -36