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    Exam 4: Measuring Gdp and Economic Growth
  5. Question
    Use the Idea of the Circular Flow Diagram to Explain
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Use the Idea of the Circular Flow Diagram to Explain

Question 88

Question 88

Essay

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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The basic point is that nothing escapes ...

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