Circular flow of income - definition


Gender pay gap

80% of UK companies and public sectors organisations pay women less than men.

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The circular flow of income

The circular flow diagram shows how income circulates around an economy, from households to firms and back, creating output and employment.

The circular flow

WTO rules

What exactly is the 'most favoured nation' rule?

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Model agencies collude to fix rates

Regulators find leading model agencies guilty of price fixing.

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Customs unions

Costs and benefits of customs unions.

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New materials

Multiple choice papers for Paper Three.

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Savings ratio

Savings ratio falls to lowest level on record.

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