--%>

Circular flow model of a private economy

The simple circular flow model of a private economy describes how income and resources flow among: (1) Households and business associations. (2) Corporations and government agencies. (3) Sole corporations and proprietorship (4) Business associations and banks.

Hello guys I want your advice. Please recommend some views for above Economics problems.

   Related Questions in Microeconomics

  • Q : Theory of the Firm The advantages that

    The advantages that firms confer on society do not comprise: (i) Decreasing the transaction costs. (ii) Raising consumer purchasing power. (iii) Facilitating the specialization in production. (iv) Raising the consumer demand. (v) Boosting the national income.

  • Q : Effect of future consumption on

    When households become increasingly willing to defer current consumption in order that they can enjoy greater future consumption, in that case the: (1) interest rate rises. (2) equilibrium investment level rises. (3) present value of

  • Q : Yield behaviour conflicting law of

    Which of the given statements, if true, seems most probable to yield behavior which would conflict with the law of demand? (i) People cannot afford to drive as much whenever the price of gasoline goes above $3.00 per gallon. (ii) The greater heroin addicts encompass i

  • Q : Problem on Determinants of Demand I

    I have a problem in economics on Determinants of Demand. Please help me in the following question. Income and tastes most directly influence the: (i) Demand. (ii) Market equilibrium (iii) Prices. (iii) Quantities. (iv) Supply.

    Q : Competitive equilibrium in competitive

    I have a problem in economics on Competitive equilibrium in competitive labor markets. Please help me in the following question. The Competitive equilibrium in competitive labor markets need: (1) P = MR = AVC. (2) VMP - P is maximized. (3) MPP = P. (4

  • Q : Problem regarding rise in quantity

    Can someone please help me in finding out the accurate answer from the following question. The raise in the quantity supplied of frozen vegetarian lasagna would be most probable to outcome from raise in the: (i) cost of ingredients in the vegetarian lasagna. (ii) Numb

  • Q : Define Direct taxes Direct taxes :

    Direct taxes: Whenever the liability to pay tax and the burden of that tax fall on similar person, it is termed as direct tax. Illustrations are: wealth tax, income tax, corporation tax, gift tax and so on.

  • Q : Price elasticity of demands for moving

    Moving from point d to point e beside demand curve D, the price elasticity of demands of DVDs of video games at equal: (a) 0.8. (b) one. (c) 1.10. (d) 1.25. (e) 2.50

    Q : Opportunity Cost to the User An

    An opportunity cost to the user, although not to society as an entire, which would be the: (w) accounting profits realized by a firm of CPAs. (x) interest paid by a borrower for a bank loan. (y) rent paid by a sharecropper to a plantation owner. (z) m

  • Q : Characterization by monopolistic

    Monopolistic competition best describes the market for: (1)wheat. (2) designer fashions. (3) electricity. (4) apples. (5) pig iron. Can someone explain/help me with best solution about problem of Economics<