New answers tagged money
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Is money we make completely taken away by taxes?
Most answers don't seem to be getting to the core of the question.
Is money we make completely taken away by taxes?
In a world without saving, yes!
Imagine an economy where aggregate production is ...
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Accepted
Money doesn't seem to be real in a circular assembly line
This is great question as it touches on the foundation of our monetary systems.
The story of money in the Chartalist tradition begins with Governments. See the History of Money Wikipedia page for an ...
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Is there a diagram outlining the life of a dollar?
This is called the circular flow of income. A simple model demonstrates the exchanges between households, business and government:
More complex models include additional economic agents such as the ...
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