For what reason do economic use a circular flow model

Answers

Answer 1

Economists use circular flow models as a way to illustrate the way a market economy works and how the various parts of that type of economy are linked to one another.

The circular flow model is used to show how households and businesses are linked together.  It shows businesses buying from households in factor markets while households buy from businesses in product markets. 


Hope this helps!!

Answer 2
Final answer:

The Circular Flow Model is used by economists to simplify and visualize the complex interactions among different parts of an economy. It focuses on two economic groups and markets and illustrates how they are interdependent. The model also provides a foundation for the development of more complex economic theories.

Explanation:

Economists use the Circular Flow Model for several reasons. Firstly, it's an ideal tool to describe the complex interactions between different parts of the economy, including households, businesses, and markets. This allows them to visualize how money, goods, services, and resources move within the economy.

The model focuses on two primary economic groups- households and firms, and two markets- the goods and services market, where firms sell and households buy, and the labor market where households offer labor to firms or other employees. Essentially, the model helps economists to understand how these groups and markets rely on each other to satisfy their requirements.

Additionally, the Circular Flow Model serves as a starting point to develop more complex economic theories and insights, much like a carpenter uses a basic set of tools to build detailed structures. It simplifies the economic exchanges, making it easier for economists to study and theorize about economic relationships and behaviors.

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Related Questions

What is the act of copying text or ideas from someone else and claiming them as your own? select one:
a. trademark infringement
b. plagiarism
c. copyright infringement
d. copyleft?

Answers

The correct answer is B. Plagiarism

Explanation:

If texts, speeches, and other materials when you use or copy the ideas of another author it is necessary to recognize this by using adequate citations, which includes adding quotation marks if the information has been copied or adding the last name of the author, page number, etc. or complete information of the original source and author. If this principled is violated then plagiarism occurs, which is an unethical practice that involves using someone else's work and claiming this is your work or ideas. Thus, the act of copying text or ideas and claiming them as your own is plagiarism.

How did muhammad teaching compare to judaism and christianity?

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They all believe that their is a messiah and they need to worship someone and all these religions believe their God should be worshiped and praised

The person who said that the us should "steer clear of permanent alliances with any portion of the foreign world" is

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I believe the answer is: President George Washington,

President George Washington said this during his farewell speech in 1796.

George Washington wanted united states citizens to realize that each nations would always make the efforts that serve their interest before the others.
So, when we enter an alliance with other countries, we have to make sure that we both benefit from the alliance.

The appendix is located directly after a title page.


Please select the best answer from the choices provided

T
F

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The appendix is an organ we yet do not know the use of & is located in the mid right quadrant of the abdomen. The answer is False.

Answer: F: False

Explanation:

The appendix is referred to as a section of a book or paper which contains extra or comprehensive information about the topic of a book. Also, it is usually seen at the back of a book and always in a print format. Thus, it can be seen or found at the back of a book, report, an academic paper and so on.

UNLIKE a felony, a misdemeanor A) is not a big deal. B) is uncommon in most places. C) results in a federal trial. D) results in relatively light punishment.

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D).  results in a relatively light punishment

Answer:  ( D ) results in relatively light punishment.

Explanation:

A misdemeanor is a less serious crime than a felony.

What does eliezer repeatedly say about the many terrible things that he has seen?

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This question is from "Night", which is a biography. He uses the repetition to make himself not to forget the horrible experiences he saw in the past. He lists at least five things that he will never forget:
1)- the night he saw deaths.
2)- First night in camp
3)- smoke
4)- Faces of children
5)- flames.

The family-focused lifestyle of retirement revolves around home, family, and companions, whereas balanced investment also focuses on _____ and leisure.

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Whereas balanced investment also focuses on "family, work" and leisure.

Retirement is a progressing procedure, and its enthusiastic effect must be evaluated in context. Individual, financial, and social assets, and in addition the time allotment a man has been resigned, may influence spirit. Normal lifestyle patterns after retirement a family-focused lifestyle, balanced investment, and serious leisure.

Ted was diagnosed at age 18 with severe schizophrenia. his functioning has progressively gotten worse since his diagnosis. compared with people who have more mild cases of schizophrenia, neuroimaging of ted's brain would reveal that he has

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Neuroimaging of Ted's brain would likely show enlarged cerebral ventricles, loss of neurons in the cerebral cortex, and decreased activity in the frontal and temporal lobes compared with those who have milder cases of schizophrenia.

Compared with people who have more mild cases of schizophrenia, neuroimaging of Ted's brain, who was diagnosed with severe schizophrenia, would likely reveal a more pronounced structural change. Specifically, Ted's neuroimaging would show enlarged cerebral ventricles which are the fluid-filled spaces in the brain, an overall loss of neurons in the cerebral cortex, and decreased activity in the frontal and temporal lobes.

As Ted has a severe form of schizophrenia, these regions of the brain are critical for language, attention, and memory, and the changes which happen here could easily explain the deterioration in functioning in these cognitive areas that Ted experiences.

John had a head injury from an explosion and now he cannot form new memories his ___ was probably damaged

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Brain or Hippocampus for apex( :

Final answer:

John's condition, where he cannot form new memories, is likely due to damage to his hippocampus, similar to the famous case of patient H.M., who developed anterograde amnesia after hippoampus removal.

Explanation:

John's inability to form new memories after a head injury suggests that his hippocampus was probably damaged. The hippocampus is a critical region in the brain for the encoding of new declarative memories. A similar case of memory impairment was observed in the well-documented patient Henry Gustav Molaison, known as H.M. Molaison had parts of his hippocampus removed to reduce severe seizures, which led to anterograde amnesia, the condition John appears to be suffering from. Anterograde amnesia affects the ability to transfer information from short-term to long-term memory, making the formation of new memories impossible. Kent Cochrane, another individual with severe amnesia, also showed that damage to the medial temporal lobes, especially the hippocampus, can lead to the inability to recall new personal experiences and semantic information.

Willamina is interested in helping her client get a clearer understanding of his motives and actions. she is most likely to be a(n) ________ therapist.

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Willamina is interested in helping her client get a clearer understanding of his motives and actions. She is most likely to be an insight therapist.  It relies on conversation between the therapist and the client (or patient), This type of psychotherapy helps patients to understand how their feelings, beliefs, actions, and events from the past are influencing their current mindset.

Answer:

The correct answer for: Willamina is interested in helping her client get a clearer understanding of his motives and actions. she is most likely to be a(n) ________ therapist. Is: Willamina is most likely to be an insight therapist.

Explanation:

First of all, we need to understand the insight approach to figure out why it is the correct answer. Now, in this case, the therapist focuses on the motives and actions of the subject that determine her clients´ behavior. This is commonly the insight perspective in which the therapist analyzes the life of the subject to understand the reason behind his or her clients' behaviors. It is one of the most profound and best therapists styles considering the resolution of past events, but also its employees a larger amount of time to treat them.

According to freud, "the ego does not look favorably upon psychoanalysis and positively refuses to believe it." why, in freud's view, did the ego refuse to believe psychoanalysis?

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it is not favorably looked upon

According to a study conducted by the national institute of mental health called the treatments for adolescents with depression study (tads), which is the most effective form of treatment for adolescent depression?

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I believe the answer is: Cognitive-behavioral therapy combined with anti-depressant medication is the most effective treatment.

The cognitive behavioral therapy is aimed to change the patient's way of thinking that often become a trigger for the psychological distress. The anti-depressant is aimed to reduce the intensity if psychological distress in case if it's reoccurring. 

Yvette looks back at her life with pride, even though some aspects of her personal history include errors on her part. yvette is in the stage that erik erikson called _____.

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Yvette is in the stage that Erikson called "integrity versus despair".
Integrity versus despair is the eighth and last phase of Erik Erikson's stage theory of psychosocial improvement. This stage starts at roughly age 65 and closes at death. Psychologists, advisors, and medical attendants today utilize the ideas of Erikson's phases while giving consideration to maturing patients.

Yvette is in Erik Erikson's integrity vs. despair stage of development, where individuals feel a sense of integrity if they are proud of their life achievements or despair if they regret how they have lived.

Yvette looks back at her life with pride, even though some aspects of her personal history include errors on her part. Yvette is in the stage that Erik Erikson called integrity vs. despair. This stage is characterized by individuals in late adulthood reflecting on their lives and feeling either a sense of satisfaction or a sense of failure. Those who look back on their accomplishments with pride experience a sense of integrity, enabling them to have few regrets about the life they've lived. Conversely, individuals who do not feel successful during this stage tend to dwell on what might have been and potentially experience feelings of bitterness and despair.

According to Erikson's Eight Stages of Life theory, successfully resolving the conflict between integrity and despair leads to the development of wisdom, which is considered the ultimate goal at this stage of life.

House leaders are more powerful than senate leaders because of ________.

Answers

House leaders are more powerful than senate leaders because of the larger size of the house.

Explanation:

The parliament of the United States consists of two divisions that together make up the United States Congress. One division is called the 'House of Representatives' and the other is called the 'Senate'.

In terms of the number of members, the House (with 435 members) is larger in size than the Senate (with 100 members). Thus, the House has a dominant say in the governance and is hence considered to be more powerful than the Senate.

Answer:

Individual Senators have more power than individual House members.

Explanation:

The frith family consists of a mother, a father, and their biological children. sociologists classify this as a(n) ________ family.

Answers

The correct answer is a nuclear family

A nuclear family refers to a family type that comprises of a couple (the parents) and their dependent children. This family type does not include grandparents, uncles, aunts, etc., living together with the nuclear family. The nuclear family structure became increasingly popular and common after industrialization and modernization in society. Prior to industrialization, extended or multi-generational families were more common. 

The firth family consists of a mother, a father, and their biological children. Sociologists classify this as a nuclear family.

A legal petition requesting that a judge examine whether an individual is being properly detained in jail, prison, or mental hospitals is called a(n):

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The correct answer is habeas corpus. This is defined as a recourse in a law by which a person can report in a way of having to show an unlawful detention or request a court order in the custodian of the person or even an imprisonment to a court.

Why do the poorest people in the united states have the least political power?

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It is because the ability to influence the outcome of the election goes up if you have more money.
Wealthy individuals could give their contribution to several representatives with similar ideologies. This contribution would help the representatives to compete and obtain more exposure, which increase the likelihood of their victory

The three contiguous provinces in northeast china _____, jilin, and heilongjiang have long represented a cohesive unit in terms of culture and the political economy and are referred to as dongbei , meaning northeast, or dong sansheng , meaning northeastern three provinces.

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The three contiguous provinces in Northeast China _____, Jilin, and Heilongjiang have long represented a cohesive unit in terms of culture and the political economy and are referred to as "dongbei", meaning Northeast, or "dong sansheng", meaning Northeastern Three Provinces.

Liaoning

Believing that he is teaching his 6-month-old daughter to "self-soothe," reed waits to intervene until she becomes extremely agitated. if reed continues to respond in this manner, his daughter will most likely be

Answers

I believe the answer is:  more anxious and reactive

For infants prior to 2 years old of age, it is almost undavoidable tha they have to be extremely attached to their primary caretakers as a form of survival mechanism.
 If the intervention is made after the infants became agitated, the infants would perceived that their primary caretakers had abandoned them, which make them become a lot more anxiousl

People who experience excessive periods of euphoria and uncontrollable hyperactivity countered with periods of feelings of worthlessness and guilt and frequent thoughts of suicide may be suffering from:

Answers

The correct answer is bipolar disorder.

Bipolar disorder (BPD)  or manic depression refers to psychological disorder characterized by experiencing intense and extreme emotional states (known as episodes) that fluctuate in cycles.Individuals with BPD might experience feelings of extreme happiness, confidence, energy and creativity (mania) for a few days or weeks followed by an episode of deep depression, worthlessness and suicidal thoughts that lasts for a few days or weeks. 

People who experience excessive periods of euphoria and uncontrollable hyperactivity countered with periods of feelings of worthlessness and guilt and frequent thoughts of suicide may be suffering from bipolar disorder.

______ includes terrorist acts that transpire due to the guidance of the state or government against perceived enemies. racial terrorism criminal terrorism state-sponsored terrorism religious terrorism

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The answer is state-sponsored terrorism. This is a government support of vicious non-state performing artists occupied with psychological warfare. In light of the insulting idea of the word, the ID of specific illustrations are typically subject to political debate and diverse meanings of fear based oppression.

The overall opinion of the self is called ________. the procedural self self-esteem the i self-schema

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The overall opinion of the self is called self-esteem.

The overall opinion of the self is called self - esteem. The appropriate response is option B.

What is self - esteem?

Self-esteem is the belief in one's own abilities or value. Self-esteem includes one's self-perceptions as well as emotional states including joy, anguish, pride, and shame.

How we see and regard ourselves is a measure of our self-esteem. It is founded on our perceptions of ourselves, which can be challenging to alter. This could also be referred to as confidence.

The notions of self-acceptance and self-love are built on the foundation of self-esteem.

A person's perceptions of their own value and worth are referred to as self-esteem. It also has to do with the emotions that people feel as a result of their perceptions of their worth or unworthiness. Self-esteem is crucial since it has a big impact on people's decisions and choices.

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________________ discrimination is discrimination that is woven into the fabric of society illustrated by unfair home mortgage and car loan practices, racial profiling and continued segregation of schools.

Answers

Answer:

The correct answer would be, Institutional Discrimination.

Explanation:

When a person or individual is mistreated or discriminated by the society or its institution, through intentional or unintentional bias, and making a conscious choice of mistreating or discriminating the individual or the group of individual is called as the Institutional Discrimination.

Examples of Institutional Discrimination would be Unfair Home Mortgages, Car Loan Practices, Racial Profiling and Continued Segregation of Schools.

Above mentioned facilities are provided to only a specific class of society, and thus discriminating other classes by the society or its institutions.

A major depressive episode requires ________ of nine symptoms, including a depressed mood and/or diminished interest in activities for at least two weeks.

Answers

Requires five of nine symptoms. According to the DSM-V to be able to diagnose certain mental disorders the person must present a certain number of symptoms or diagnostic criteria. In the case of depression the person must present 5 symptoms, including depressive mood, in order to provide the diagnosis, otherwise, the diagnosis would be ruled out.

I hope this information can help you.

Over the traditional four years of college, ___________ percent of all students encounter an emotional difficulty that is serious enough to impair academic performance.

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I believe the answer is: 10 percent

The emotional difficulty mostly comes during the social interaction that they have during their years at campus and the pressure that they have for their uncertain future. In order to tackle this problem, Expert Counselors are hired by universities to give guidance for the troubled students.

If future editions of the dsm change to a dimensional approach in the diagnosis of personality disorders, clinicians will have to:" not do anything differently than they are doing now in diagnosing personality disorders

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I believe the answer is: clinicians will have to rate the degree of dysfunctioning caused by each person's traits in diagnosing personality disorders.

The dsm is filled with step by step measurement that psychologist could use in the process of determining the type of personality disorders that each patients have.
 But many different psychological disorder display similar characteristics, clinicians will have to come up with scales in order to measure the severity of the characteristic.

In cultures where marriages are arranged by the parents, __________ can occur in the early stages of the marriage because the bride and groom were not able to pick their mates.

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divorce can occur in the early stages of the marriage

The _____ is responsible for negotiating treaties, distributing foreign assistance, and managing daily contact with other nations.

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Answer: Department of State

----

The US State Department advises the president on foreign policy and international affairs and is led by the Secretary of State. Its tasks include the ones listed in your question!

A representative from the fbi visited marshall's criminology class to talk about new communications technology. when marshall saw that the speaker was a middle-aged woman, he couldn't concentrate on anything she said. he had been expecting the speaker to be young, and he kept thinking to himself, "what could someone her age know about the latest technology

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According to your textbook, the aspect of poor listening was Marshall exhibiting is "focusing on personal appearance".

Many people are poor listeners. Notwithstanding when we think we are listening precisely, we for the most part get a handle on just 50% of what we hear, and we hold even less. We react to individuals in light of individual appearances, how starting presentations or invites were gotten as well as past relational experiences. In the event that we generalization a man we turn out to be less target and along these lines less inclined to listen viably. 

When members of a group give priority to the cohesiveness of the group over the facts of a situation, they are engaging in what social psychologists call _____. mass thought consumerism solidarity think?

Answers

Groupthink because they think of it together and act upon cognitive dissonance.

Answer: The answer is groupthink.

When members of a group give priority to the cohesiveness of the group over the facts of a situation, they are engaging in what social psychologists call groupthink.

Explanation:

Groupthink occurs when a group makes poor decisions by ignoring valid alternatives or substitutes in the face of internal pressures from the group. This may be as a result of a particular agenda or because group members value harmony and orderliness above logical thinking. In group thinking, there is no rule for making decisions.

Other Questions
Which sentence is NOT related to the information in paragraph 1? A)On June 3, 2006, younger, wild horses will be merged with older, trained horses in the U.S. Marines. B)The B.L.M. and the U.S. Marines have shared a horse-trading tradition that dates back to the mid-1980s. C)After wild horses are adopted by the U.S. Marines, the public will be given the opportunity to adopt wild horses as well. D)WSCC rules prohibit the public from wearing any blue clothing, blue jeans, tank tops or shorts. Does this monologue have such dramatic elements as conflict resolution dialogue and stage directions porphyrias lover Ben purchased a 2 liter bottle of soda.Which of these is equal to 2 liters?A)1,000 dlB)1,000 mlC)2,000 dlD)2,000 ml Canned goods will _____. a. not spoil unless they are dented or improperly canned at the factory b. not spoil because of the high salt content c. will remain edible for years if not contaminated d. have been subjected to dry heat under very low pressure but high oxygen treatment World war one was primarily about _________, while world war two largely concerned _________ g. Hana fills up a cup with Sandy ocean water pours the mixture through a filter what does she collect that passes through the filter A car is traveling at 48 miles per hour. What is the speed of the car in centimeters per second? (1 mile = 5,280 feet, 1 foot = 12 inches, 1 centimeter = 0.39 inch) 1.Find the annual percentage rate, using the annual percentage rate table.Amount Financed: $2,650Finance Charge: $484.69Number of Payments: 36 please help solve 13 + m = 10m = _____ If the elastic modulus of cobalt (co) is 200 gpa, and the elastic modulus of tungsten carbide (wc) is 700 gpa, calculate the upper and lower bound estimates of the elastic modulus of a 10 vol% co 90vol% wc composite. Read the complete problem before answering. Teresa bought 2 1/2 gallons of chocolate milk at the dairy farm. Chocolate milk cost $4.50 a gallon. How much did Teresa spend on the milk? A student solved the problem this way. gallons 2 1/2 = 2.5 gallons Let n represent the amount Teresa spent on the milk. n = 2.5 $4.50 n = $11.25 Teresa spent $11.25. Use a similar strategy to solve this problem. Pedro bought 1 1/4 lb of red sand and 5 1/2 lb of brown sand to refill his sand box. Both types of sand cost $4.60 a pound. How much did Pedro spend on the sand? at the camp, Arabs and Israels meet for the first time and they learn to get along. Which phrase signals a description of a characteristic or feature?A.Such asB.Looks like C.For exampleD.For instance Open market operations influence thedirectly. In order to lower the Federal Funds Rate, the Fed willsecurities, which the money supply in banks. Abdul has not eaten in a while, so his endocrine system releases hormones that slow the process of digestion, which in turn slows the production of materials for new cells. What process in Abdul is being regulated by hormones? A major conflict of interest between top executives and owners, is that top executives wish to diversify the firm in order to , whereas owners wish to diversify the firm to Year-old patty is in a car accident with her son, sister, and a friend. she has time to save herself and one other person. according to evolutionary psychology, who will patty likely help FInd the volume of the cylinder in terms of Pi. For questions 1 and two find the volume of the given prism. Round to the nearest tenth if necessary. A ball is kicked with an initial velocity of 22 m/s in the horizontal direction and 13 m/s in the vertical direction. (assume the ball is kicked from the ground.) (a) at what speed (in m/s) does the ball hit the ground? m/s (b) for how long (in s) does the ball remain in the air? s (c) what maximum height (in m) is attained by the ball? m