Question

What is meant by circular flow of income?​

Answer 1

$\mathcal{\red{\huge{Heya\:mate\:!!}}}$

$\mathtt{Here\:is\:ur\:@nswer}$ :

⎇ circular flow of income refers to cycle of generation of income in the production process, its circulation from household to firms in the form of consumption expenditure on goods and services produced by them.

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Answer 2

heya.

here is you answer.

●The circular flow of income is a neoclassical economic model depicting how money flows through the economy.

●Money flows to workers in the form of wages and money flows back to firms in exchange for products.

It may help you..☺☺