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Formative Performance Task by Johnathan123 on 02-27-2018
Rich Business Man
How does unemployment affect the circular flow model?
The flow of the circular model might not affect me becasue i am a very wealthy business man! The flow really doesnt bother me becuase it doesnt apply, my wife does all the shopping for our house.
Middle Class Car Seller
How does unemployment affect the circular flow model?
living from paycheck to paycheck can be very stressful. The supply and demand for goods, sometimes i a, not able to buy those things like food, and other goods for myself. All my money goes to bills. In a product market the company is depending on the customer to buy the goods from the stores.
Living in Poverty
How does unemployment affect the circular flow model?
I am not able to buy consumer goods, capital goods goods, so the resources i have are very scarce. The comapny is not making revenue on me becuase, i dont have moeny to buy these goods. The stores arent doing good, i live in a poor economy.
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