How does unemployment affect the circular flow model? |
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| With all this unemployment, there isn't going to be many workers. | |
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| This means that money won't if nobody is wokring to produce or sell items. | |
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What impact does the government have on the model? |
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| Did you know the goverment provides consumers and businesses with paymens? | |
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| Of course with an exchange for goods and services from business and taxes. | |
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When Americans purchase imported goods, what effect does that have on the model? |
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| What happens whenwe buy imports? | |
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| The quantity will start to increase | |
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