From the product market to households.
it is a flow that shows the flow of money openly
The allocation of resources. :P
if leakages are greater than injection the circular flow will be in disequilibrium because more money is leaving the circular flow
Households are made up of individuals who both spend money and are the recipients of money. Businesses do the same.
flow of money, total income, total expenditure
it is a flow that shows the flow of money openly
The allocation of resources. :P
The allocation of resources. :P
goods and services
Money
if leakages are greater than injection the circular flow will be in disequilibrium because more money is leaving the circular flow
Households are made up of individuals who both spend money and are the recipients of money. Businesses do the same.
Households are made up of individuals who both spend money and are the recipients of money. Businesses do the same.
flow of money, total income, total expenditure
You have leakages from your circular flow.
A circular flow model
Goods and services