Economy, asked by hardeepsingh7665444, 6 months ago

explain circular flow of income in the sectory econmy​

Answers

Answered by neelaaruna2020
4

Explanation:

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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Answered by Anonymous
8

Answer:

Hope this helps you.

Explanation:

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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