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What is the quick and easy estimate of energy needs for an 80-kilogram (180-pound) man?
Circular Flow Model
An economic model illustrating the continuous flow of money, resources, and goods among households and businesses in an economy.
Value Added
The increase in worth of a product or service as a result of a particular process, typically measured as the difference between the market price and the production cost.
Final Sales
The total value of all goods and services sold for final use, excluding intermediary transactions and unsold inventory.
Leakage
In economics, the term refers to a situation where income or resources exit an economy or system rather than being retained or reinvested.
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