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Which markets are represented in the simple circular-flow diagram?
Fundamental
Serving as a primary or essential part of something, or relating to the basic principles of a subject.
Authentic Leadership
A leadership approach emphasizing transparency, ethics, and empathy by being true to oneself.
Theoretical Model
An abstract representation of a theory that outlines the key variables and their proposed relationships within a specific domain of study.
Transformational Leader
A type of leader who inspires and motivates followers to exceed their own self-interest for the good of the organization or team, promoting significant change.
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