what is circular flow of income?
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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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hey mate here is ur answer
It is the model of economy in which the major exchanges are represented as a flow of money and goods etc..
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