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10 cards from this deck
Meeting places where all economic participants come together
Where goods and services are bought and sold
Where factors of production (labour, land, capital) are traded
Movement of actual products, services, and people
Opposite direction to goods and services
Money flows exiting circular flow: Saving, Taxes, Imports
Money entering circular flow: Exports, Govt spending, Investment
S+T+M=I+G+XS + T + M = I + G + XS+T+M=I+G+X
Money saved by households and businesses in financial institutions
Economy expands
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