Circular Flow of Income

Cards (6)

  • Income
    Measures the flow of money a money or economy recieves each year.
  • Wealth
    The sum of all your assets added up
  • National Income = National Expenditure = National Output
  • Leakages
    Savings
    Imports
    Taxes
  • Injections
    Exports
    Investment
    Government Spending
  • Real GDP
    The total value of goods and services within a country adjusted to inflation.