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picture1_Circular Flow Of Income Pdf 125839 | Lecture 2


picture2_Circular Flow Of Income Pdf 125839 | Lecture 2 picture3_Circular Flow Of Income Pdf 125839 | Lecture 2

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File: Circular Flow Of Income Pdf 125839 | Lecture 2
Circular flow of income Compiled from internet (not my own creation) The circular flow of income is a way of representing the flows of money between the two main groups ...

icon picture PDF Filetype PDF | Posted on 11 Oct 2022 | 2 years ago
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...Circular flow of income compiled from internet not my own creation the is a way representing flows money between two main groups in society producers firms and consumers households these are part fundamental process satisfying human wants as we have already seen free market economy consists components or sectors they called people work for selling their factor services receive wages exchange on scale whole this known national total amount earned over given time period spent food clothing transport entertainment etc so it returns to figure can see sell markets left hand side meantime spend goods themselves right economists call plus other forms give code y domestic consumption c all however some saved savings coded s used buy produced overseas out country m imports leakages effect be leakage any passed make exports others borrow invest form capital x i investment injections into injection an expenditure originating household sector including government spending open will balanced theref...
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