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  • Circular Flow of Money in Economy

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    Rushabh Gade
    3 views9 pages
    The circular flow of money in an economy shows that households pay firms for goods and services while firms pay households for factors of production like labor. This circular relationship demonstrates how money flows between households and firms as they engage in transactions for goods, services, and production inputs.

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    Circular flow of money in economy

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    The circular flow of money in an economy shows that households pay firms for goods and services while firms pay households for factors of production like labor. This circular relationship demonstrates how money flows between households and firms as they engage in transactions for goods, services, and production inputs.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    3 views9 pages

    Circular Flow of Money in Economy

    Uploaded by

    Rushabh Gade
    The circular flow of money in an economy shows that households pay firms for goods and services while firms pay households for factors of production like labor. This circular relationship demonstrates how money flows between households and firms as they engage in transactions for goods, services, and production inputs.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 9

    Circular flow of money

    in economy
    Payments for factors of
    production

    HOUSEHOLDS FIRM
    Goods and services

    Payments for
    Goods and services

    Factors of
    productions

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