xplain how the circular flow diagram relates to the current economic situation. Using the circular flow diagram, explain a way that your family interacts in the factor
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1.Explain how the circular flow diagram relates to the current economic situation. Using the circular flow diagram, explain a way that your family interacts in the factor market and a way that it interacts in the products market.
Guided Response: Review the discussion board posts of your classmates. Respond to at least two of your classmates and comment on their descriptions of the circular flow diagram and factors of production. Discuss how circular flow relates to current economic situations.
how the law of demand applies to a recent purchase that you made. Describe how the product has changed in price and explain whether the price change is due to supply or demand. Did the change in price affect your decision to purchase the item?
Guided Response: Review the discussion...
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Published On:
07/07/2019
Last Updated:
07/07/2019
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612
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xplain-how-the-circular-flow-diagram-relates-to-the-current-economic-situation-using-the-circular-flow-diagram-explain-a-way-that-your-family-interacts-in-the-factor-14.docx
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