Economy, asked by janvi18872, 9 months ago

Explane the circular flow of income
in about 100 words

please give me answer because my test is running at the time​

Answers

Answered by madhukatiyay2014
1

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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