Cached - Similar
You +1'd this publicly. Undo
In economics, the terms circular flow of income or circular flow refer to a simple economic model which describes the reciprocal circulation of income
Chat with our AI personalities
The circular flow of economic activity shows the interdependency of firm and household decision making.TrueFalse TRUE
It doesn't. The economy will remain stagnent.
False
The circular flow of economic activity is a model showing the basic economic relationships within a market economy.
It isnt