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What is the relationship shown by the circular flow among income, total exp

What is the relationship shown by the circular flow among income, total expenditure, and GDP 



1) What is the relationship shown by the circular flow among income, total expenditure, and GDP ?
2) Use the idea of the circular flow diagram to explain why the value of production equals total
income equals total expenditure.




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26 May 2016

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  1. Genius

    What is the relationship shown by the circular flow among income, total expenditure, and GDP

    What is the relationship shown by the circular flow among income, total expenditure, and GDP ****** ******
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