The relationship between a government’s taxation ... throughout a systematic economy. Economics involves many moving, interacting parts. A circular flow model can include at least six of them.

In the study of economics, one learns the circular flow of the economy ... another circular flow model based on capital and labor. (It is a closed economy with no government for simplification.) ...

referred to as the circular flow of income and expenditure, in the Keynesian model of economics. Within this depiction, leakages are the non-consumption uses of income, including saving ...