national income - cicular flow of income
0.0(0)
Studied by 0 people
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards
Knowt PlayCard Sorting
1/9
There's no tags or description
Looks like no tags are added yet.
Last updated 7:39 PM on 9/11/25
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai |
|---|
No analytics yet
Send a link to your students to track their progress
10 Terms
1
New cards
draw circluar flow of income
2
New cards
what is income
a flow of money
3
New cards
what is wealth
the value of stock or assets
4
New cards
what are the injection
GIX
government spending
investment
eXports on
5
New cards
what are the withdrawls
SMT
saving
imports
taxation
6
New cards
what is mpc
the proportional of additional income spent in the economy
7
New cards
what is mpm
the proportion of additional income spent on imports
8
New cards
what is mps
the proportion of additional income that is savedq
9
New cards
what is mpt
the proportion of additional income that is paid to the government as tax
10
New cards
what is mpw
the proportion of additional income that is leaving the circular flow
Note 
Flashcards (42)