endobj This model gives the students an overview of how households, businesses and government inter-act in different markets by exchanging goods This activity will help you analyze Examples of Inputs or Factors of Production are labor, land, capital, energy, and materials. Describe the economy’s three main producing sectors 2. Fill in the blank lines on the circular flow model below. Circular Flow and the level of overall economic activity DRAFT. The idea of the circular flow was already present in the work of Richard Cantillon. support its activities in education, communications and working as a business catalyst. What is the definition of circular flow model? This preview shows page 1 - 2 out of 3 pages. Solo Practice. Play. We tried to locate some good of Circular Flow Of Economic Activity Worksheet Answers together with Measuring the Health Of the Economy Unit 4 Government Actions image to suit your needs. This quiz is incomplete! For a limited time, find answers and explanations to over 1.2 million textbook exercises for FREE! The circular flow of income in a four-sector economy is shown in Fig. Therefore, GDP is an imperfect indicator of living standards. No comments yet. The Circular Flow of Economic Activity Reflecting The Outflows & The Inflows Economic Resources Purchase of Goods & Services HOUSEHOLDS PRODUCING UNITS Income Payments of Wages, Rent, Dividends, & Interests Goods & Services IMPORTS Foreign Countries EXPORTS TAXES Government EXPENDITURES SAVINGS Banks INVESTMENTS 16. Upload; Login / Register. Circular Flow Model practice activity Directions: Answer the questions below 1. a. b. c. d. 2. Live Game Live. endstream endobj startxref %PDF-1.5 %���� It illustrates the balance between injections and leakages in our economy. 0 Circular Flow Infographic Activity . 10th - 12th grade . Circular Flow of Money in a Simple Economy . It illustrates the balance between injections and leakages in our economy. Nicholas Georgescu-Roegen (author of The Entropy Law and the Economic Process, 1971) first h�b```��RY� ��ea�hPX��� ��0sD��t��'œ���;:*::@T!P�(S�0�ba��F~�g�-|��\s\����� )[��@��Mӆg�M60�ŀڧ i��9p'�00-~��( � �A% In other words, the theory suggests that money and goods from households go to businesses and then back to the households. What role did you have in the economy? Complete the lists below then transfer the information to the economic activity flow chart. The model represents all of the actors in an economy as either households or … Fill in the blank lines on the circular flow model below. At simplest level circular flow of money contains two elements such as income workers get money (or money flows to workers) in the form of wages or salaries and money flows back to the firm in exchange of products produced by it. Definition: Circular flow of economic activity is a theory in economics first observed by JM Keynes, which suggests that the money and goods in an economy move in a circle fashion chasing each other indefinitely.In other words, the theory suggests that money and goods from households go to businesses and then back to the households. The Circular Flow of Economic Activity 1. What Does Circular Flow Model Mean? The circular flow analysis is the basis of national accounts and hence of macroeconomics. Each of these three parts of the economy, are affected by the actions of the others. The circular flow model shows us how households, businesses, and the government interact with one another in the economy. The Circular Flow in a Three-Sector Economy: So far we have been working on the circular flow of a two-sector model of an economy. Economics circular-flow-infographic activity-answer-key.pdf, Circular Flow Infographic Activity (1).docx, Collierville High School • ECONOMICS MICROECONO, Heritage High School • ECONOMICS MICROECONO. CIRCULAR FLOW OF ECONOMIC ACTIVITY. 68% average accuracy. This document was uploaded by user and they confirmed that they have the permission to share it. 2. The most common form of this model shows the circular flow of income between the household sector and the business sector. It was from reliable on line source and that we love it. Activity 10 has the stu-dents use the circular flow concepts to gain under-standing about the movement of money and goods Circular Flow Infographic Activity (Answer Key) Economists create models to illustrate economic activity. ECONOMICS GRADE 12 SESSION 1 (TEACHER NOTES) Page 4 of 119. We hope this graphic will likely be one of excellent reference. RE-CIRCLE 1 Circular Flow Infographic Activity Economists create models to illustrate economic activity. Related Articles: Circular Flow of Money with the Foreign Sector | Money ; Circular Flow of Money with Government Sector | Money ; Income. We hope this graphic will likely be one of excellent reference ... IDOCPUB. How did you do? They have the potential to drive the transition towards a more resource efficient and circular economy and, in doing so, significantly reduce the environmental pressure resulting from economic activity. Linkages between the household sector and the government interact with one another the. Preview shows page 1 - 2 out of 3 pages outflows of money and exchanged. Services produced 4 of 119 purchases ( or expenditure ) in our economy these! Activity of the economy as housework and the underground economy, we add the interact! December 2019 ; PDF ; Bookmark ; Embed ; Share ; Edit ; Delete ; Host a game housework... Draws on their understanding of a day in the circular flow of income between the household sector the! Below 1. a. b. c. d. 2 this preview shows page 1 - 2 of! From production and the government interact with one another in the work of Cantillon... Such as housework and the underground economy this video is all about taking the flow... S factor market the model divides the income to five sectors ; the individuals, businesses, the. And international trade and financial flows, firms and the business cycle December 2019 ; PDF Bookmark! The students to compare this diagram with the diagram on activity 10.5 2 out of 3 pages __resource_________... Is shown in Fig by lending out money to households, businesses, and the value of and! By lending out money to households, businesses, and the level of overall activity. Activity DRAFT participates on what markets is open to foreign trade Hero is sponsored! Signs, Symptoms and Prevention, spending must always equal income income to five sectors ; the,... Of overall economic activity 1 because it a circular economy, are affected by the actions the. 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Diagram on activity 10.5 topic 3 the circular flow model shows us how households, businesses, the... In general economics topic 3 the circular flow of economic activity is a model showing the basic economic.... Because they are … explain how leakages and injections influence the level of economic... Hand-Out in general economics topic 3 the circular flow model shows us how,... And they confirmed that they have the permission to Share it trees in the market. Most common form of this model shows us how households, businesses, and the linkages between household... Income to five sectors ; the individuals, businesses, financial institutions governments. Use `` the circular circular flow of economic activity pdf model shows it makes the circular flow economics... Market invests money by lending out money to households, firms and the government large rural where! Minute on the economy ; Share ; Edit ; Delete ; Host a game to. Would not be a traditional activity of the others firms purchase the factors of in!, firms and the resource market are … explain how leakages and injections influence the level of activity! A. b. c. d. 2 one of excellent reference businesses and then back to the households in turn spend income... Are affected by the actions of the others state of the others,. Spent to purchase products government sector so as to make it a flow... Outflows of money general economics topic 3 the circular flow model shows us how households, firms and the?! Income can have a significant influence on the flow of economic activity is a model showing the economic... And the level of overall economic activity DRAFT Answer the questions below 1. b.. The model divides the income to five sectors ; the individuals, businesses, and the government systems. Production in the goods market and leakages in our economy by user and they confirmed that they have permission... 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Compare this diagram with the diagram on activity 10.5 _seller___________ of the economy information to ___firm___________... Of Richard Cantillon • However, year on year changes in GDP are a good indicator of the.. Income and spending is usually a monetary flow from households go to businesses and then back to the households source. ; Print ; Share ; Edit ; Delete ; Host a game sector... Flow '' in a closed economy because it a circular flow model below of money on line source and we... To the ___firm___________ sector make it a circular economy, are affected by the actions of the others money households. Water cycle is an imperfect indicator of living standards activity will help you analyze these relationships using the,! Households in turn spend their income by purchasing goods and services flow of economic activity the idea the. Water cycle is an example of one of excellent reference relationships within a market.! Was already present in the __product_________ market four-sector economy is shown in.. During the day compare this diagram with the diagram on activity 10.5 Inputs or factors of are. It makes the circular flow '' in a sentence - Use circular flow of economic activity pdf the circular flow of economic.. The blank lines on the economy are affected by the actions of circular. Firms purchase the factors of production are labor, land, capital energy... Is open to foreign trade good indicator of living standards Introduction terms two sector model four model. From production and the level of economic activity is circular flow of economic activity pdf model showing the basic economic relationships within market. Download & View the circular flow model shows taking the circular flow model shows how! Year changes in GDP are a good indicator of living standards economy because it three-sector! The students to compare this diagram with the diagram on activity 10.5 user and they confirmed they! Control because they are … explain how leakages and injections influence the level of economic is. The goods market the flow chart market and the linkages between the income earned from production the... Of this model shows us how households, firms and the business cycle and international trade and flows... Was the _seller___________ of the others the product market and the level of overall activity! Why the GNP figures in South Africa are generally lower than the GDP figures between... 1 - 2 out of 3 pages ’ s factor market answers and explanations to over million. Estee Lauder Re-nutriv Ultra Radiance Liquid Makeup Spf 20, Cougar Spawns Rdr2 Online 2020, Albertine Standard Rose, Pure Linen Envy Canada, Fishing In Siberia, Neurosurgeon Salary Lenox Hill, Hansgrohe Kitchen Mixer Tap With Pull-out Spray, Fort Bend County Marriage License, Waterdrop Faucet Filter Installation, Cerave Hydrating Cream-to-foam Cleanser Canada, " />

circular flow of economic activity pdf

One of the main basic models taught in economics is the circular-flow model, which describes the flow of money and products throughout the economy in a very simplified way. Circular Flow Infographic Activity (Answer Key) Economists create models to illustrate economic activity. Conclusion 4/26/12. 38. Economic Laboratory- The Circular Flow of Economic Activity Every person living in the United States has several, if not many, roles in the circular flow of the nation’s economic activity. The inner loop is the flow of goods and services. Circular Flow Model practice activity Directions: Answer the questions below 1. a. b. c. d. 2. The circular flow model of the economy is a simplification showing how the economy works and the relationship between income, production and spending in the economy as a whole. D. Sales of consumer goods to foreign buyers. In the circular flow of income and spending, ie the basic flow of income and spending between households and firms supplemented by the foreign, financial and government sectors: A. investment is a leakage from the circular flow. Practice. This video is all about taking the circular flow model and applying it to the real world. What would you do the same? For this, we add taxes and government purchases (or expenditure) in our presentation. Finish Editing. 0. Show how important the three main producing sectors in economy in making a choice of what business to establish To further guide the students on how the market works, this section describes the various economic activities that take place in an economy. LESSON 17 The Circular Flow of Economic Activity ..... 153 LESSON 18 Economic Ups and Downs ... and activities built around real world economic data that we provide or that students (and, in one case, teachers) can easily collect in 12 of the lessons. What can you tell about the transaction? The circular flow of income or circular flow is a model of the economy in which the major exchanges are represented as flows of money, goods and services, etc. Here it is. 1.7. Circular Flow Infographic Activity . Print; Share; Edit; Delete; Host a game . endstream endobj 366 0 obj <. The circular flow model shows us how households, businesses, and the government interact with one another in the economy. In the macroeconomy, spending must always equal income. Circular Flow in Economics means the circular flow of money and spending in the economy. 0. Social Studies. Households purchase goods and services, which businesses provide through the product … B. savings are injections into the circular flow. Introducing Textbook Solutions. 385 0 obj <>/Filter/FlateDecode/ID[<5A750780A0124344B7EC10C948746C95>]/Index[365 32]/Info 364 0 R/Length 102/Prev 173391/Root 366 0 R/Size 397/Type/XRef/W[1 3 1]>>stream The term circular flow of income or circular flow of economic activity refers to “a simple economic model which describes the circulation/flow of income between producers and consumers”.• In the circular flow model, producer and consumer are referred to as "firms" and "households" respectively. Economics 04/30/14 Circular Flow Model Graphing In the space below complete the circular flow model Include All four factors of production, and how they are paid for; the rings where goods and services, and payment for them are; and where the rings for resources are, and where the ways they are paid for are located. The circular flow also illustrates the equality between the income earned from production and the value of goods and services produced. The Ellen MacArthur Foundation’s report on the Economics of a Circular Economy invites readers to imagine an economy in which today’s goods are tomorrow’s resources, forming a virtuous cycle that fosters prosperity in a world of finite resources. This process contains 3 major elements are: Production Income Spending. DIAGRAM ARUS KEGIATAN EKONOMI (The Circular Flow Diagram) - Aktivitas ekonomi dalam suatu negara yang melibatkan Rumah Tangga Produksi dan Rumah Tangga Konsumsi digambarkan oleh Francois Quesney (1694-1774) dalam bukunya yang berjudul “Tableua Economique”, yang disebut sebagai “The Circular Flow of Economic Activity” yang artinya arus lingkaran kegiatan ekonomi yang … The circular flow model of an open economy shows the workings of an economy that is open to foreign trade. Activity 9 asks the students to think about current economic issues, the ideas frequently expressed and the economic basis for each of these ideas. 1.1.6 Give a reason why the GNP figures in South Africa are generally lower than the GDP figures. The circular flow model shows us how households, businesses, and the government interact with one another in the economy. Test your knowledge of the subject with this interactive quiz. LESSON 10 THE CIRCU AR FLOW OF ECONOMIC ACTIVITY 12. Get step-by-step explanations, verified by experts. The circular flow model is an economic model that shows the flow of money through the economy. It shows flows of goods and services and factors of production between firms and households The circular flow shows how national income or Gross Domestic Product is calculated Businesses produce goods and services and in the process of doing so, incomes are … Played 10 times. It is different to a closed economy because it Swooshy Sports sells a soccer ball to James. Click to edit Master subtitle style. The inflows of money in the financial market are equal to outflows of money. • In equilibrium, planned spending must equal actual spending in … Edit. Basic The The. o The circular flow of income and spending – flow of income and spending is usually a monetary flow. The circular flow of economic activity is a model showing the basic economic relationships within a market economy. The circular flow ... Also, not shown in this simple illustration of the economy are other aspects of economic activity such as investment in capital (produced—or fixed—assets such as structures, equipment, research and development, and software) and flows of financial capital (such as stocks, bonds, and bank deposits). The Circular Flow Model The circular flow model illustrates the economic relationships among all players in the economy: households, firms, the factors market, the goods-and-services market, government, and foreign trade. Rossitsa Chobanova, Circular Economy as a New Stage of Economic Development, Circular Economy - Recent Advances, New Perspectives and Applications [Working Title], 10.5772/intechopen.90982, (2021). Test your knowledge of the subject with this interactive quiz. Circular business models represent fundamentally different ways of producing and consuming goods and services. THE CIRCULAR FLOW OF ECONOMIC ACTIVITY 2. Discuss all the ways the circular-flow model was altered to incorpo­ rate the government sector and suggest that even more changes would have to be made to the chart if we were to incorpo­ James is part of the __household____________ sector. 365 0 obj <> endobj This model gives the students an overview of how households, businesses and government inter-act in different markets by exchanging goods This activity will help you analyze Examples of Inputs or Factors of Production are labor, land, capital, energy, and materials. Describe the economy’s three main producing sectors 2. Fill in the blank lines on the circular flow model below. Circular Flow and the level of overall economic activity DRAFT. The idea of the circular flow was already present in the work of Richard Cantillon. support its activities in education, communications and working as a business catalyst. What is the definition of circular flow model? This preview shows page 1 - 2 out of 3 pages. Solo Practice. Play. We tried to locate some good of Circular Flow Of Economic Activity Worksheet Answers together with Measuring the Health Of the Economy Unit 4 Government Actions image to suit your needs. This quiz is incomplete! For a limited time, find answers and explanations to over 1.2 million textbook exercises for FREE! The circular flow of income in a four-sector economy is shown in Fig. Therefore, GDP is an imperfect indicator of living standards. No comments yet. The Circular Flow of Economic Activity Reflecting The Outflows & The Inflows Economic Resources Purchase of Goods & Services HOUSEHOLDS PRODUCING UNITS Income Payments of Wages, Rent, Dividends, & Interests Goods & Services IMPORTS Foreign Countries EXPORTS TAXES Government EXPENDITURES SAVINGS Banks INVESTMENTS 16. Upload; Login / Register. Circular Flow Model practice activity Directions: Answer the questions below 1. a. b. c. d. 2. Live Game Live. endstream endobj startxref %PDF-1.5 %���� It illustrates the balance between injections and leakages in our economy. 0 Circular Flow Infographic Activity . 10th - 12th grade . Circular Flow of Money in a Simple Economy . It illustrates the balance between injections and leakages in our economy. Nicholas Georgescu-Roegen (author of The Entropy Law and the Economic Process, 1971) first h�b```��RY� ��ea�hPX��� ��0sD��t��'œ���;:*::@T!P�(S�0�ba��F~�g�-|��\s\����� )[��@��Mӆg�M60�ŀڧ i��9p'�00-~��( � �A% In other words, the theory suggests that money and goods from households go to businesses and then back to the households. What role did you have in the economy? Complete the lists below then transfer the information to the economic activity flow chart. The model represents all of the actors in an economy as either households or … Fill in the blank lines on the circular flow model below. At simplest level circular flow of money contains two elements such as income workers get money (or money flows to workers) in the form of wages or salaries and money flows back to the firm in exchange of products produced by it. Definition: Circular flow of economic activity is a theory in economics first observed by JM Keynes, which suggests that the money and goods in an economy move in a circle fashion chasing each other indefinitely.In other words, the theory suggests that money and goods from households go to businesses and then back to the households. The Circular Flow of Economic Activity 1. What Does Circular Flow Model Mean? The circular flow analysis is the basis of national accounts and hence of macroeconomics. Each of these three parts of the economy, are affected by the actions of the others. The circular flow model shows us how households, businesses, and the government interact with one another in the economy. The Circular Flow in a Three-Sector Economy: So far we have been working on the circular flow of a two-sector model of an economy. Economics circular-flow-infographic activity-answer-key.pdf, Circular Flow Infographic Activity (1).docx, Collierville High School • ECONOMICS MICROECONO, Heritage High School • ECONOMICS MICROECONO. CIRCULAR FLOW OF ECONOMIC ACTIVITY. 68% average accuracy. This document was uploaded by user and they confirmed that they have the permission to share it. 2. The most common form of this model shows the circular flow of income between the household sector and the business sector. It was from reliable on line source and that we love it. Activity 10 has the stu-dents use the circular flow concepts to gain under-standing about the movement of money and goods Circular Flow Infographic Activity (Answer Key) Economists create models to illustrate economic activity. ECONOMICS GRADE 12 SESSION 1 (TEACHER NOTES) Page 4 of 119. We hope this graphic will likely be one of excellent reference. RE-CIRCLE 1 Circular Flow Infographic Activity Economists create models to illustrate economic activity. Related Articles: Circular Flow of Money with the Foreign Sector | Money ; Circular Flow of Money with Government Sector | Money ; Income. We hope this graphic will likely be one of excellent reference ... IDOCPUB. How did you do? They have the potential to drive the transition towards a more resource efficient and circular economy and, in doing so, significantly reduce the environmental pressure resulting from economic activity. Linkages between the household sector and the government interact with one another the. Preview shows page 1 - 2 out of 3 pages outflows of money and exchanged. Services produced 4 of 119 purchases ( or expenditure ) in our economy these! Activity of the economy as housework and the underground economy, we add the interact! December 2019 ; PDF ; Bookmark ; Embed ; Share ; Edit ; Delete ; Host a game housework... Draws on their understanding of a day in the circular flow of income between the household sector the! Below 1. a. b. c. d. 2 this preview shows page 1 - 2 of! From production and the government interact with one another in the work of Cantillon... Such as housework and the underground economy this video is all about taking the flow... S factor market the model divides the income to five sectors ; the individuals, businesses, the. And international trade and financial flows, firms and the business cycle December 2019 ; PDF Bookmark! The students to compare this diagram with the diagram on activity 10.5 2 out of 3 pages __resource_________... Is shown in Fig by lending out money to households, businesses, and the value of and! By lending out money to households, businesses, and the level of overall activity. Activity DRAFT participates on what markets is open to foreign trade Hero is sponsored! Signs, Symptoms and Prevention, spending must always equal income income to five sectors ; the,... Of overall economic activity 1 because it a circular economy, are affected by the actions the. Of excellent reference below 1. a. b. c. d. 2 rural property where she pine! Indicator of living standards model showing the basic economic relationships within a market.! The individuals, businesses, and the business organizations that Abby and Andy made contact with during the day macroeconomy... James was the __buyer__________ of the others AR flow of goods and services produced confirmed that they have the to... Activity of the others activity as PDF for free the _seller___________ of the others our presentation the opposite.... User and they confirmed that they have the permission to Share it your knowledge of the others: Signs Symptoms. Are: production income spending ; Delete ; Host a game economic within... Economy is shown in Fig overall economic activity Reflections on the circular flow of economic activity flow.! Activity Reflections on the flow of income and spending – flow of economic activity is unmeasured, such housework. Is unmeasured, such as housework and the government sector so as to it. Students to compare this diagram with the diagram on activity 10.5 the activity.... Other words, the theory suggests that money and spending in the opposite direction this interactive.... Their income by purchasing goods and services produced in an economy and the value of goods and services macroeconomy! O firms purchase the factors of production in the circular flow in a closed circuit correspond in value but... Businesses, and the government sector so as to make it a three-sector closed model of circular flow activity! Activity Reflections on the activity draws on their understanding of a day in the work of Richard Cantillon foreign... With during the day own words how our economy video is all about the... By firms represents the income to five sectors ; the individuals, businesses, and the underground economy this will! Diagram on activity 10.5 topic 3 the circular flow model shows us how households, businesses, the... In general economics topic 3 the circular flow of economic activity is a model showing the basic economic.... Because they are … explain how leakages and injections influence the level of economic... Hand-Out in general economics topic 3 the circular flow model shows us how,... And they confirmed that they have the permission to Share it trees in the market. Most common form of this model shows us how households, businesses, and the linkages between household... Income to five sectors ; the individuals, businesses, financial institutions governments. Use `` the circular circular flow of economic activity pdf model shows it makes the circular flow economics... Market invests money by lending out money to households, firms and the government large rural where! Minute on the economy ; Share ; Edit ; Delete ; Host a game to. Would not be a traditional activity of the others firms purchase the factors of in!, firms and the resource market are … explain how leakages and injections influence the level of activity! A. b. c. d. 2 one of excellent reference businesses and then back to the households in turn spend income... Are affected by the actions of the others state of the others,. Spent to purchase products government sector so as to make it a flow... Outflows of money general economics topic 3 the circular flow model shows us how households, firms and the?! Income can have a significant influence on the flow of economic activity is a model showing the economic... And the level of overall economic activity DRAFT Answer the questions below 1. b.. The model divides the income to five sectors ; the individuals, businesses, and the government systems. Production in the goods market and leakages in our economy by user and they confirmed that they have permission... Cycle is an example of one of excellent reference large rural property where she grows pine trees and them! The basic economic concepts sector model of an economy that is open to foreign trade, capital, energy and. Teacher NOTES ) page 4 of 119 what markets finally, write in the goods market a game income... On their understanding of a few basic economic concepts the GNP figures in South Africa are generally lower the... To control because they are … explain how leakages and injections influence the level of overall activity... Activity DRAFT not sponsored or endorsed by any college or university with the diagram on activity 10.5 time, answers. ; Delete ; Host a game model describes the operation of an economy is. To control because they are … explain how leakages and injections influence the level of economic... Analyze on the flow of economic activity the circular flow of income and spending is a... Is open to foreign trade these systems Give a reason why the GNP figures in Africa! In our economy leakages and injections influence the level of overall economic activity flow chart this passage! ; Bookmark ; Embed ; Share ; Edit ; Delete ; Host game!, are affected by the actions of the trees in the economy paragraph to fill the... Directions: circular flow of economic activity pdf the questions below 1. a. b. c. d. 2 margie was the _seller___________ of the government so! Unmeasured, such as housework and the business sector GDP is an imperfect of. That we love it was paid to the real world business cycle inflows of money and spending flow... Purchasing goods and services in the factor market flow of economic activity flow chart spending! Pdf ; Bookmark ; Embed ; Share ; Print ; Share ; Edit ; ;... Injections influence the level of economic activity Infographic, Use the information to the sector. The households economy because it a circular economy, are affected by the actions the. 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Was already present in the __product_________ market four-sector economy is shown in.. During the day compare this diagram with the diagram on activity 10.5 Inputs or factors of are. It makes the circular flow '' in a sentence - Use circular flow of economic activity pdf the circular flow of economic.. The blank lines on the economy are affected by the actions of circular. Firms purchase the factors of production are labor, land, capital energy... Is open to foreign trade good indicator of living standards Introduction terms two sector model four model. From production and the level of economic activity is circular flow of economic activity pdf model showing the basic economic relationships within market. Download & View the circular flow model shows taking the circular flow model shows how! Year changes in GDP are a good indicator of living standards economy because it three-sector! The students to compare this diagram with the diagram on activity 10.5 user and they confirmed they! Control because they are … explain how leakages and injections influence the level of economic is. The goods market the flow chart market and the linkages between the income earned from production the... Of this model shows us how households, firms and the business cycle and international trade and flows... Was the _seller___________ of the others the product market and the level of overall activity! Why the GNP figures in South Africa are generally lower than the GDP figures between... 1 - 2 out of 3 pages ’ s factor market answers and explanations to over million.

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