1.

Which of the following is not an injection into the circular flow of money

Answer»

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. The circular flow analysis is the basis of national accounts and hence of macroeconomics.



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