Exam (elaborations)
ECS1601_studynotes_units_1_to_11
- Course
- Institution
CHAPTER 3 – INTERDEPENDENCE BETWEEN MAJOR SECTORS, MARKETS AND FLOWS IN THE MIXED ECONOMY STUDY UNIT 1 Production, Income and Spending *Identify the three major flows in the economy Production – occurs and generates income Income - earned Spending – Buy available goods and services *D...
[Show more]