Circular Flow of Income and Expenditures

[vickiormindyb]

The simplest possible economy. You mean like the one we have now? In terms of Simple Simon, it's a simple economy: As in run by simple Simons meeting piemen while going to the fair.

[MelvinThe42]

Sal is an INTP.

[vickiormindyb]

@MelvinThe42 I thought he was a Hedge Funds Profiler. My friend who used to work at the World Trade Center was a Hedge Funds Profiler, but Sal SAID that he (Sal) did something with Hedge Funds.

[karanaussie]

thanks salman. would u be doing the same example with the 3 sectors? (including bank)

[mc2gregory]

I liked this one a lot; it helped me apprecite a different view of our actual economy, where the beginning premise is that we're all pretty much in this together.

[yp06407012]

what happens when he gets married....???

[94jmcorrea]

please: MORE... MORE... MORE!!

[DondeEstaVee]

Why now!!! MY EXAM WAS YESTERDAY!!!

WHY IS THIS POSTED NOW!!!

[AnalyticalInsanity]

Wait... is it $1000 every month or every year?!

[fackshaitcrazy]

@AnalyticalInsanity Most probably every year, as that's what he said in the beginning and often throughout the video.

[khanacademy]

@AnalyticalInsanity every year

[AnalyticalInsanity]

@khanacademy Alright thanks, around 2:24 you clarified by saying "Did I say $1000 a month it should be $1000 a year." but then you continued with every month. Thanks so much for these by the way!

[AnalyticalInsanity]

@khanacademy More around 2:20, sorry.

[nectarsoda]

@AnalyticalInsanity it don't matter, it's a hypothesis.

[jckgoldness]

thx i have a test on monday that covers this

[intellegence63smart]

100% on my Exam, thanks Khan!

[XxHamletJacobsXx2022]

God bless you Khan!!