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Name two participants in a closed economy.
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Name two participants in a closed economy.

User Sander Garretsen
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2 Answers

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Answer:

There are three participants in the circular flow of a closed economy are households, businesses and government. When there is no trading with foreign countries, we call it a closed economy. The two flows in the circular flow model are real flows and money flows.

User Bharat Chhabra
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Answer:

households, businesses and government

Step-by-step explanation:

theres three right there

User Robert Kaufmann
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