Draw your own version of the circular flow model, including the five sectors, the leakages and the

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Draw your own version of the circular flow model, including the five sectors, the leakages and the injections. Using your diagram, explain or illustrate how a decision by the government to lower household income taxes might affect the five sectors of the circular flow.

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Economics Course Book 2020

ISBN: 9781382004961

2020 Edition

Authors: Jocelyn Blink, Ian Dorton

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