Economy, asked by Anonymous, 9 months ago

how flow of income is circular in two sector economy​

Answers

Answered by Anonymous
9

Answer:

hi dear....

Explanation:

☆The Circular flow of income

Income (Y) in an economy flows from one part to another whenever a transaction takes place. New spending (C) generates new income (Y), which generates further new spending (C), and further new income (Y), and so on.

have a great day (◠‿・)

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