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Alenkasestr [34]
3 years ago
8

Essay of circular flow

Business
1 answer:
Setler79 [48]3 years ago
5 0
Circular flow is a model of economy in which major exchanges are showed as flow of money, food, goods, services and etc between economic agents. In circular flow, the flows of money and goods exchanges in a closed circuit but runs oppositely. Circular flow analysis is the basis of national accounts.
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