[Get Solution] Circular Flow Model

Discussion questions chap. 2   In the circular flow model, what are the two markets? Define households and describe the three basic forms of businesses. What roles do households play and what roles do businesses play in each market?    Full credit requires a 200 word reply to weekly discussion in addition to a reply at least one classmate. Please use proper Netiquette (Internet etiquette) when commenting on another student’s posting. When posting on the discussion boards and chat rooms it is important to understand how to interact with one another online, netiquette. You can read more about the rules of netiquette at http://www.albion.com/netiquette/index.html  Links to an external site.  Due Thursday end of day, if you need an extension contact the instructor (email) explain the reason, extension is at instructor’s discretion. Otherwise late submission will not be accepted.