Economy, asked by Koohu2732, 1 year ago

Economic value of money in circular flow of income

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Answered by queensp73
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Answer:

The circular flow of income or circular flow is a model of the economy in which the major exchanges are represented as flows of money, goods and services, etc. between economic agents. The flows of money and goods exchanged in a closed circuit correspond in value, but run in the opposite direction.

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