Explain the circular flow of income in four sector economy.
Answers
Answered by
2
Answer:
hey here mate your answer
Explanation:
Four sector model studies the circular flow in an open economy which comprises of the household sector, business sector, government sector, and foreign sector. ... On the other hand, when the domestic households, firms or the government imports something from the foreign sector, leakage occurs in the circular flow model.
see a model on Google
Similar questions