Question

what is circular follow of income​

Answer 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.

Answer 2

Answer:

The circular flow of income or circular flow is a model now 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.