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picture1_Factors Of Production Pdf 125399 | 5378fc5d698e4ad58d4e7fb867564bd0


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File: Factors Of Production Pdf 125399 | 5378fc5d698e4ad58d4e7fb867564bd0
The circular flow of money model for students of BA1 This article is about the determination of macroeconomic phenomena, equilibrium, national income, growth in national income price inflation and unemployment ...

icon picture PDF Filetype PDF | Posted on 11 Oct 2022 | 2 years ago

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...The circular flow of money model for students ba this article is about determination macroeconomic phenomena equilibrium national income growth in price inflation and unemployment will focus on output expenditure are generated by activities two most vital building blocks an economy households firms as they engage mutually beneficial exchange a simple where there only producers consumers primary economic function to supply with required factors production land labour capital enterprise these supplied return reward receives rent wage interest profit therefore pay goods services consume receive from selling their utilising four situation neither increasing nor decreasing y equals consumption c macro fluctuates injections j or withdrawals w occur injection increase withdrawal do opposite recognised additional that outside example may purchase invest such machinery other spending into government investment g public merit like defence policing education healthcare boosts finally foreign buy ...
								

							

						
	
												
				
					
					
					
			
					
				
				
		
	

	
		





	

	
				

						

						
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										Category:  Uncategorized / Uncategorized 
										
Posted on: 11 Oct 2022 | 2 years ago
										
										
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												Wan learn