The Circular Flow Model I A Level and IB Economics

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This topic video introduces students to the basic circular flow of income and spending model focusing on the different injections and leakages.

#aqaeconomics #ibeconomics #edexceleconomics
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Your videos are really helpful. Thank you so much!

wkimoja
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How does Circular Flow of Income work in connection to "sharing economy"? Where households sells or rents to each other, doing business peer-to-peer (P2P). Does this hurt the system? Or is it expected in this model? Please answer :-)

christianhjberg