Concept information
Preferred term
Circular income flow
Broader concept
Entry terms
- Circular flow model
Scope note
- Use for resources about the economic model that shows the flows of income around the economy, between households, businesses, government, the finance market and the overseas sector.
Change note
- 5.3 - BT Economic models removed, BT Income added.
URI
http://vocabulary.curriculum.edu.au/scot/3763
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