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This video is the continuation of the explanation of the circular flow of income in an economy. For convenience, the video is divided into two parts.
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Part-1 explains the circular flow of income in a closed economy involving the 2-sectors model as well as the 3-sectors model.
Part-2 explains the circular flow of income in an open economy having a 4-sector model.
Link to :
Part-2: • Circular Flow of Incom...