- Your research paper is written by certified writers
- Your requirements and targets are always met
- You are able to control the progress of your writing assignment
- You get a chance to become an excellent student!
Essay Details:
Essay text:
It shows how output generates income which is then spent and it shows the relationship between households, the government and the foreign trade sector
A TWO SECTOR MODEL:-
A simple model of the economy in which there are only two sectors, firms and households, is illustrated in Figure 26. I.
Firms are the producing units which hire services provided by the people from the households. For these services firms pay wages (for labor), rent (for land), interest and dividends (for the services of capital).There is therefore, a flow of factor services from households to firms and a flow of income from firms to households...
Calculate a fair price for your order
Do you need an essay?
A professional team of writers is able to craft custom essays from scratch according to your instructions. We are ready to satisfy writing needs of every demanding customer.
Do you need many essays?
The product provided is intended to be used for research or study purposes. Get instant access to over 200,000 papers.
Common topics in this essay:
Feedback of people who used our services.
Similar Essays:
Barriers To Communication And Causes Of Communication Failure In Businesses |
2 pages / 364 words |
||
2 pages / 379 words |
|||
2 pages / 319 words |
|||
1 pages / 162 words |
|||
1 pages / 180 words |
|||
1 pages / 201 words |
|||
1 pages / 198 words |