draw a circular flow diagram where income is $200m consumption is $120m, tax/government spending is $50m and there is no international trade

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter16: Government Spends, Collects, And Owes
Section: Chapter Questions
Problem 12AA
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draw a circular flow diagram where income is $200m consumption is $120m, tax/government spending is $50m and there is no international trade

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