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The three phases of circular flow of income are;
1.production of goods and services
2.distribution or generation of income and
3.expenditure or disposition of income
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∙ 11y ago
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What is circular debt?
Circular debt is when, to give a three-person example, A owes B, who owes C, who owes A. Circular debt relates to subsidies which the government in Pakistan is providing to the electricity consumers. By not collecting the bills KESC does not have the funds too pay its oil supplier , which could be PSO which in turn does not have the funds to pay its supplier, National Refinery say and then National Refinery does not have the funds to pay for imported oil. A better name is incorporate debt,
Name one economic interaction that isn't covered by the simplified circular?
Tax payments aren't shown in the simplified version... Roles of the government and international trade are not shown.
Name three elements that are central to sustainable development?
Economy, society and environment are the three elements that are central to sustainable development. They could also be represented by the three P's- Profit, People and Planet.
What is meant by the term 'commodity currency'?
Commodity currency is the name given given to currencies of countries that depend heavily on the export of certain raw materials for income. These is typical for developing countries.
Name three basic characteristics of an underdeveloped economy?
formality of a group and its people and how they preform their duties to their services
Name the neolithic three phases of stone age?
the three phases are Paleolithic Age, the Mesolithic Age, and the Neolithic Age P.S. this was solved by a child
What are three circular passages each in a different plane of space?
The name 'manifold' is used to describe such a construct. Assuming that the three circular spaces are indeed connected. The three planes need not be orthogonal - that is at right angles to each other.
Why does a cylinder have to have a circular base?
cylinder is the name for a circular prism
What is the name of the solid that has two circular bases?
the solid that has two circular bases is a cylinder
What is circular function in math?
"Circular functions" is basically another name for "trigonometric functions".
What are the three phases of matter in the case of water?
It is not entirely correct to talk about "the" three phases. There are actually more than three phases of matter. In the case of water, the three "main" phases are called: "ice" (for solid water), "liquid water" or just "water" for the liquid phase, and "water vapor" for the gaseous phase. In the case of water, and many other substances, there is also a "supercritical" phase (among others). I don't think this one has a special name, in the case of water. The supercritical phase is used for dry cleaning; although it is more common to use carbon dioxide for this purpose, since it requires less temperature and pressure.
A quadrilateral with three equal sides but no parallel sides?
Its 4th side would have to be circular in order to comply with the given requirements
What is the name of the moon's changing shapes?
The phases of the moon.
What is a Simple name for a circular prism?
A Cylinder
What is the other name of functions?
circular functions
What is common name for a circular prism?
It is a cylinder
What is the name for a non circular orbit?
elipsical?
