Science Fair Project Encyclopedia
Circular flow of income
The circular flow of income, or simply circular flow, is a simple economic model showing the relationship between income and spending. In theory, income and spending are always equal, as they are actually facets of the same thing.
Last updated: 06-08-2005 06:37:20
10-26-2009 08:16:03
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The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details


