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Social Science Clinic => Economics => Macroeconomics => Topic started by: tiara099 on Oct 30, 2019

Title: The circular flow is used to make the point that
Post by: tiara099 on Oct 30, 2019

The circular flow is used to make the point that
◦ rising prices never occur during times of unemployment.
◦ households purchase factors of production from firms.
◦ production generates income.
◦ unemployment only occurs during a recession.

Title: The circular flow is used to make the point that
Post by: babybsemail on Oct 30, 2019

production generates income.