Monday, January 25, 2016

115 - Slide 51

The latest one here: https://sites.google.com/site/economicssa123/rescue-kit

(Click to enlarge)
There are one or two small errors on this picture:
1. One resource is missing - land and the income derived from it - rent.
2. The income derived from labour is wages.
3. The factor and product markets.
4. Some of the counter flows.




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