Circular Flow of Income | Introduction to Macroeconomics | Class 12 | Chapter 1

Circular Flow of Income | Introduction to Macroeconomics | Class 12 | Chapter 1

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[unknown-]

Circular flow of income - it refers to the cycle of generation of income in production process, it's distribution among the goods and services and finally, it's circulation from household to firms in the form of consumption expenditure on goods and services produced by them

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