What are the five parts of the CIRCULAR FLOW OF INCOME Flashcards
1
Q
List the 5 parts of the Circular Economy Flow
A
- Households
- Governments
- Businesses
- Banks
- Rest of the World
2
Q
List the areas of money leakage
A
- Savings
- Imports
- Taxation
3
Q
List the areas of money injections
A
- Investment
- Government Spending
- Exports