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Total expidenture should equal total income
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∙ 10y ago
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Linear demand curve diagram?
A Linear Demand Curve Diagram is a diagram that shows how an object or person is shown from youngest to oldest or tallest to shortest
What is a cicular flow diagram?
Circular flow diagram show the full cycle of a process. Very useful in describing natural systems (ecological/ hydrological), economic processes and financial systems. Not necessarily a closed system, as additional inputs and outputs beyond the boundaries of the described process may be included. Many links are available on the internet including Wikipedia.
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WHAT DOES THE DIAGRAM SHOW?
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