Assignment: The circular flow model is a simplified version of our economy. In your own words, describe how this model works. This assignment requires you to reflect on the day-to-day (micro) aspects of the way the economy moves daily. As you go through this course you will encounter a variety of topics that address how individual or business decisions are made. You are encouraged to reflect on this model throughout the semester to contribute to your understanding of economics. In no less than 300 words describe your activities in the last week as it relates to the circular flow model. PART A: Reflect on the items you purchased and the allocation of those resources by a business. For example: When you stopped at Valero or the grocery store. You spent a total of were allocated back to you (household) and the firm (Businesses). What goods and services were purchased by the businesses (firm)? What do you think some businesses did with their profit? Share any insight from the business perspective gained from this assignment. PART B: Reflect on receiving your paycheck. After taxes how or where did your money flow through the model? What goods and services were purchased by you (household)? Consider other activities such as car repairs, clothing or entertainment purchases (cigarettes, ice cream, dining out, etc). Share any insight from the your (household) perspective gained from this assignment. Submission Method: Journal
Struggling to find relevant content? Order a custom essay on
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.
Instead, we offer bonuses, discounts, and free services to make your experience
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Once you place an order with our professional do my paper services, all you need to do is relax as our experts work to impress you with amazing quality and timing for your order!
Review the final draft
As soon as the paper is ready, we’ll send you a copy via email. You'll also be able to download it from your account and request a revision or rate the work as appropriate.
Get personalized services with GPA Fix
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
Great work! Thank you for the quality you put in each assignment.
Customer 452707, February 4th, 2022
Customer 452813, June 25th, 2022
Social Work and Human Services
Customer 452587, November 22nd, 2021
The paper is well written and professional. I highly recommend
Customer 452485, August 22nd, 2021
Social Work and Human Services
Customer 452559, July 2nd, 2021
Thank you for the outstanding work .
Customer 452635, June 5th, 2022
Customer 452813, June 30th, 2022
I appreciate all the hard work. Thank you!
Customer 452525, August 13th, 2021
Great work! Followed directions to the latter.
Customer 452485, September 1st, 2021
Looks good. Thank you!!
Customer 452525, April 27th, 2022
Classic English Literature
Nicely done. Ty. Worth every penny.
Customer 452455, June 6th, 2021
Although a little late, the content and structure of the paper was great! I would definitely use this writer again!
Customer 452561, July 12th, 2021
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.