Question
The diagram below shows a two sector economy flow of income.
Indicate what is presented by;
a, b, c and d.
Indicate what is presented by;
a, b, c and d.
Answer
a) Sale of factors of production
b) Payment for factors of production
c) Sale of goods and services
d) Payment to goods and services
b) Payment for factors of production
c) Sale of goods and services
d) Payment to goods and services
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