Economy, asked by pratap66, 1 year ago

define monetary flow

Answers

Answered by sunidhikumari
2
The circular flow of income is a neoclassical economic model depicting how money flows through the economy. In its simplest version, the economy is modeled as consisting only of households and firms. Money flows to workers in the form of wages, and moneyflows back to firms in exchange for products.

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Answered by manyamurgai
0

Money flows depict the way that money and credit circulate in the economy as income turns into savings and investment and back again. Real flows depict the way that commodities and products & services are produced and consumed in the economy.

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