Labour Economics Pdf 125561 | 1 Circular Flow Of Income

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File: Labour Economics Pdf 125561 | 1 Circular Flow Of Income

OCR Economics A-level Macroeconomics Topic 1: Aggregate Demand and Aggregate Supply 1.1 Circular Flow of Income Notes https://bit.ly/pmt-edu-cc https://bit.ly/pmt-cc This work by PMT Education is licensed under ...

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

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...Ocr economics a level macroeconomics topic aggregate demand and supply circular flow of income notes https bit ly pmt edu cc this work by education is licensed under nc nd the firms households interact exchange resources in an economy with factors production such as labour capital return they receive wages dividends goods services to consumers pay for these spending circulates around which represented diagram above saving removes it from leakage taxes are also withdrawal whilst government on public merit welfare payments injections into international trade included exports injection since sold foreign countries revenue earned sale imports money leaves country when bought abroad reaches state equilibrium rate withdrawals full can be derived important remember that output expenditure measure national leakages within enters form investment amount savings equal uk there traditionally low especially during periods high economic growth means japan comes if net will expansion contraction so d...

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Category: Uncategorized / Uncategorized
Posted on: 11 Oct 2022 | 2 years ago
Tag: download pdf, circular, flow, income,
Filetype: PDF
File size: 0.36 MB
Views: 115x
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