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Economics - Financial Markets 8 Online
OpenStudy (anonymous):

What is the main idea of this text? A. Economic goals change over time. B. The most important goal is to provide a safety net for citizens. C. Economic goals should be fair. D. Economic goals may conflict.

OpenStudy (anonymous):

this is part of the question. plz help will give medals

OpenStudy (anonymous):

D. Economic goals may conflict. It says in the article "sometimes, economic goals may conflict with one another".

OpenStudy (anonymous):

thanks I have another question

OpenStudy (anonymous):

What is the purpose of the “circular flow model of a market economy?” A. It shows the number of good demanded by consumers. B. It shows how households and firms exchange money, resources, and products in the marketplace. C. It shows how the government interacts with households and firms in the marketplace. D. It shows the alternative ways to use a country’s productive resources. giving medals

OpenStudy (anonymous):

the circular flow model shows us the flow of money and goods through our economy. This interaction and flow primarily occurs between households and firms. So in this case the correct answer choice would be B

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