Where is INCOME located on the circular flow model? Explain your reasoning.© BrainMass Inc. brainmass.com June 2, 2020, 12:07 am ad1c9bdddf
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 ...
This solution explains where income is located on the circular flow model.