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Can you summarize how The Circular Flow Model works? Can you also show examples of using a The Circular Flow Model
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- In IS-MP model what variable is on horizontal axis? If IS-MP have different variable on horizontal axis how can we put these two curves into one diagram?According to the pictures How have the variables performed relative to each other?Economic model illustrationIllustrate and discuss the simple and complex circular model flow SHOW THE ILLUSTRATIONSKIP IF YOU ALREADY DID THIS