What are the types of markets in the circular flow


Discussion:

1.What does the rising level of water represent is happening in the economy?

2.What is the state of the economy if the tub overflows?

3.What are the types of markets in the circular flow?

5.Who owns the factors of production and offers them in a factor market?

6.Why do businesses and governments employ factors of production?

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Microeconomics: What are the types of markets in the circular flow
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