Question
Explain the loop on the graph, the flow of money in and out Factor Incomes Y Wages, Rent, Profit, Interest Withdrawals/Leakages Savings S Taxation T
Factor Incomes Y Wages, Rent, Profit, Interest Withdrawals/Leakages Savings S Taxation T Imports M Households Factor Services Land, labour, Capital Entrepreneurship/Enterprise Firms Goods Consumption and Expenditure C Services Injections Investment I Government Spending G Exports X
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Get StartedRecommended Textbook for
Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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