Two-sector model

GPTKB entity

Statements (17)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:alsoKnownAs simple economy model
gptkbp:assumes closed economy
no taxes
no foreign trade
no government intervention
no savings
gptkbp:describes an economy with two sectors
gptkbp:excludes gptkb:government_ministry
foreign sector
gptkbp:focusesOn circular flow of income
gptkbp:hasSection gptkb:business
household sector
https://www.w3.org/2000/01/rdf-schema#label Two-sector model
gptkbp:usedIn macroeconomics
gptkbp:bfsParent gptkb:Mahalanobis_model
gptkbp:bfsLayer 7