Economics Pdf 118505 | 12 Economics

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File: Economics Pdf 118505 | 12 Economics

class notes class xii topic circular flow of income subject economics circular flow of income the circular flow of income refers to the flow of money services and goods this ...

Filetype PDF | Posted on 07 Oct 2022 | 2 years ago

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...Class notes xii topic circular flow of income subject economics the refers to money services and goods this circulation happens in terms production process distribution between factors at end product from household a firm form consumption expenditure on manufactured by them three different phases are generation phase manufactures with assistance factor involves which comprises rent interests wages profit disposition here collected is used two sector economy real flows resources have been shown diagram upper loop figure such as land capital entrepreneurial ability households business firms indicated arrow mark opposite direction payments interest profits lower part made produced while thus we see that then it there fact or will continue indefinitely week year how functions may however be pointed out not always remain same volume depression contract i e become lesser years prosperity expand greater types term means similarly for purchase differences basis kind includes exchange only diff...

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Posted on: 07 Oct 2022 | 2 years ago
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