Explain the circular flow of national income
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MARK ME AS BRAINLIEST
Explanation:
The circular flow means the unending flows of production of goods and services, income and expenditure in an economy. It shows the redistribution of income in a circular manner between the production unit and households. These are Land, Labour, Capital and Entrepreneurship
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The circular flow means the unending flows of production of goods and services, income and expenditure in an economy. It shows the redistribution of income in a circular manner between the production unit and households. These are Land, Labour, Capital and Entrepreneurship.
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