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What do you mean by expansion …

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What do you mean by expansion and contraction of circular flow

    • Posted by Aanchal Chauhan 4 years, 11 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Khushi Varshney 4 years, 11 months ago

    Expansion of circular flow means rise in the level of income/output in the economy due to injections. while contraction of circular flow means fall in the level of o/p or income in the economy due to withdrawals.

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