The Circular Flow Diagram (CFD) is one of a model to explain the behavior/relationship between consumer...
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The Circular Flow Diagram (CFD) is one of a model to explain the behavior/relationship between consumer and producer. It shows the movement of the factor of productions, goods and services and the dollars. Illustrate and explain the situation of the movement for the market of factor of production and goods & services based on your own examples. (6M) The Circular Flow Diagram (CFD) is one of a model to explain the behavior/relationship between consumer and producer. It shows the movement of the factor of productions, goods and services and the dollars. Illustrate and explain the situation of the movement for the market of factor of production and goods & services based on your own examples. (6M)
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Answer i Sometimes those goods are groceries while other times those goods are clothing for an impor... View the full answer
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