#Indian_economy #Indian_Economic_Service #upsc_economics_optional #ugcnet #ugcnetexam #net_economics #jrf #macroeconomics #sunidhiarya_mathematicaleconommics

Hello everyone, In this video I have explained about 3 sector model of circular flow of income. The circular flow in an economy refers to the continuous movement of goods and services, their production, earnings, and expenditure. This model thus depicts how money circulates in an economy. Money moves from producers to employees as wages, then back to producers as product payment.

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ARITHMETIC MEAN|GEOMETRIC MEAN|HARMONIC MEAN|MODE|MEDIAN|MEASURES OF CENTRAL TENDENCY|    • ARITHMETIC MEAN|GEOMETRIC MEAN|HARMON...  

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circular flow of income 3 sector model