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Macroeconomics The level of overall economic activity,…

- - - - It is income received but not used to finance expenditure on goods and services
    - - They represent expenditure of income flows out of the economy's circular flow.
    - - Some of the income earned by households must be paid to the government in the form of taxes
  - - - It involves income that does not come straight from the households through spending on goods and services
    - - They represent a source of income not coming directly from the households
    - - Governments spend money on a wide range of things - schools, roads, campaigns to reduce smoking, and hospitals
- - - - Agriculture and mining
    - - Services
    - - Manufacturing