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This document outlines the goals of key economic actors in a circular flow model. Consumers seek increased utility and satisfaction, businesses aim for higher profits, market share, and equity value, and financial institutions pursue greater profits and value. The government's goals are economic growth, low unemployment, stable prices, a balanced budget, balanced trade, providing public goods, and reducing externalities.
Descrizione originale:
An outline of the circular flow of income theory in macroeconomies
This document outlines the goals of key economic actors in a circular flow model. Consumers seek increased utility and satisfaction, businesses aim for higher profits, market share, and equity value, and financial institutions pursue greater profits and value. The government's goals are economic growth, low unemployment, stable prices, a balanced budget, balanced trade, providing public goods, and reducing externalities.
This document outlines the goals of key economic actors in a circular flow model. Consumers seek increased utility and satisfaction, businesses aim for higher profits, market share, and equity value, and financial institutions pursue greater profits and value. The government's goals are economic growth, low unemployment, stable prices, a balanced budget, balanced trade, providing public goods, and reducing externalities.