Difference between revisions of "Circular Flow Of Income"
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+ | == Definition == | ||
+ | '''Circular Flow Of Income''' refers to the fundamental reality that in economic systems monetary flows exhibit a circular pattern of exchange between firms (producers) and households (consumers). This structure is expressed conceptually and mathematically in economic models such as the [[Input-Output Model]] category. | ||
+ | == See Also == | ||
+ | * [[Tableau Economique]] | ||
+ | |||
+ | == References == | ||
+ | <references/> | ||
+ | |||
+ | [[Category:EEIO]] |
Latest revision as of 15:57, 28 February 2022
Definition
Circular Flow Of Income refers to the fundamental reality that in economic systems monetary flows exhibit a circular pattern of exchange between firms (producers) and households (consumers). This structure is expressed conceptually and mathematically in economic models such as the Input-Output Model category.