Illustrate the circular flow of the economic activity
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The circular flow of economic activity is a model showing the basic economic relationships within a market economy. It illustrates the balance between injections and leakages in our economy. ... In the circular flow of the economy, money is used to purchase goods and services.
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The circular flow of economic activity is a model showing the basic economic relationships within a market economy. It illustrates the balance between injections and leakages in our economy.
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