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ECO 372 Week 1 DQ 5 .pdf

Original filename: ECO 372 Week 1 DQ 5.pdf
Author: Manoj

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ECO 372 Week 1 DQ 5
a) The circular-flow model is a model of the macroeconomy. What three sectors are represented in the
circular-flow model of a domestic economy? Provide realworld examples of specific entities that belong to each of
these sectors and how you are related to those entities.
b) Which two markets are shown in the circular-flow
c) The circular-flow model includes two circles made-up of
arrows. These circles flow in opposite directions. What do
these circles represent?

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