Measuring the Economy : A Primer on GDP and the National Income and Product Accounts, by Bureau of Economic Analysis (BEA.S. 1, the circular flow of income or circular flow is a model of the economy in which the major exchanges are represented as flows of money, goods and services, etc. The functioning of the free-market economic system is represented with firms and households and interaction back and forth. Is Revenue-Capital classification sufficient?
Robert Neuwirth : The power of the informal economy, tED
Circular flow of income, wikipedia
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4 History edit Cantillon edit Representation of Cantillon's primitive circular flow model 5 One of the earliest ideas on the circular flow was explained in the work of 18th century Irish-French economist Richard Cantillon, 2 who was influenced by prior economists, especially William Petty. Detailed information on Mathematics resources. Another example is China processing the wool into items such as coats and Australia importing the product by paying the Chinese exporter; since the money paying for the coat leaves the economy it is a leakage. Pillar#4: Sectors of Economy, GDP, Inflation BES164/P1: Agriculture-More from Less Water, Microirrigation, El-Nino, La-Nina, Drought types BES164/P2: Agriculture-Urea DBT, Endosulfan pesticide, Biocontrol Agents, Organic farming, Pulses BES164/P3: Agriculture Insurance, Credit, e-NAM, Animal Husbandry, Krishonnati-Yojana BES174/P1: Sectors of Economy- Agri to Mfg: Schemes, Acts, Policies BES174/P2. Monetary Policy Update (MP1-FY18 Standing deposit facility (SDF Tri-party Repo Rate More 1-basel Norms, NPA, sarfaesi, Insolvency, banking: PCA Framework, Countercyclical Capital buffer (cccb) basel-III Capitalization Norms. Money facilitates such an exchange smoothly.