The economy supports repetitive, continuous flows of ______ and income through which dollars spent by Smith are received as income by Chin and then spent by Chin and received as income by Gonzales, and so on.

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21-06-2022
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The economy supports repetitive, continuous flows of ______ and income through which dollars spent by Smith are received as income by Chin and then spent by Chin and received as income by Gonzales, and so on.

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suchetasVT suchetasVT · Answer 1 · 2022-07-01T08:11:20+02:00

An economy supports monotonous, ongoing flows of spending and income through which dollars spent by Smith are received as income by Chin and then spent by Chin and received as income by Gonzales, and so on.

What is an economy?

The economic system can be referred to as a system of businesses and establishments that assist facilitate or are concerned with manufacturing and distribution of sources amongst contributors to society.

Therefore, An economy supports monotonous, ongoing flows of spending and income through which dollars spent by Smith are received as income by Chin and then spent by Chin and received as income by Gonzales, and so on.

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