circular flow of income✅
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Last updated 11:06 AM on 11/26/25
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4 Terms
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How does an economy work
Circular flow of income
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Circular flow of income
Model showing how money moves through an economy between households and firms
3
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3 injections into an economy
Government expenditure (G)
Exports (X)
Investment (I)
4
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3 leakages out of an economy
Taxes (T)
Imports (M)
Savings (S)
Note 
Flashcards (30)