The five sector model (aka the circular flow of income) — MR SYMONDS
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The five sector model (aka the circular flow of income) — MR SYMONDS
Economics can be an incredibly complicated discipline. We do our best to simplify things at times. This is the case with the five sector model, also known as the circular flow of income. (In this blog I’m going to call it the five sector model. Both terms are correct.) With the five sect
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