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    Income and the Circular Flow Model

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    Where is INCOME located on the circular flow model? Explain your reasoning.

    © BrainMass Inc. brainmass.com June 2, 2020, 12:07 am ad1c9bdddf
    https://brainmass.com/economics/microeconomics/income-and-the-circular-flow-model-519245

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    On the circular flow model, income is located at the point of where it says "wages, interest, rent, profit." The income comes from firms in the form of wages ...

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    This solution explains where income is located on the circular flow model.

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