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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 September 21, 2018, 7:45 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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