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Mazyrski [523]
3 years ago
8

What is a circular flow ​

Social Studies
1 answer:
sladkih [1.3K]3 years ago
3 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.

Explanation:

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