Economy, asked by imazmukadam4646, 7 months ago

inflow and outflow of income are equal when​

Answers

Answered by raj417525
0

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. The circular flow analysis is the basis of national accounts and hence of macroeconomics

brainlist answers please

Answered by harshsingh992121
1

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. The circular flow analysis is the basis of national accounts and hence of macroeconomics

FØŁŁØW

mark \:  \: as \:  \: brainliest

Similar questions