Total income in the economy must always equal total spending.
:)
A circular flow model
Draw and explain circular flow model
what does a circular model of a mixed economy show
since there will be leakages from the circular flow
Taxation Imports Savings
A circular flow model
Draw and explain circular flow model
what does a circular model of a mixed economy show
since there will be leakages from the circular flow
since there will be leakages from the circular flow
Taxation Imports Savings
Government is added into the circular flow model of a mixed economy.
Government is added into the circular flow model of a mixed economy.
A simple circular flow model shows the flow of goods and services through the economy. It is basically a model that shows supply and demand in an economy.
jsnk
it is a flow that shows the flow of money openly
households