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Draw label and explain the circular flow of income and

Draw, label and explain the circular flow of income and expenditure. With reference to the circular flow, explain the concept of an equilibrium level of GDP. In the Keynesian system, what forces operate to restore GDP to its equilibrium value if disequilibrium prevails?

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Business Economics: Draw label and explain the circular flow of income and

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Business Economics: Draw label and explain the circular flow of income and

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