The cycle axiom means the fact that the supplies and the discharges at money supplies (measured in monetary units) - ex post office regarded - between the economictaken part must be always alike.

The cycle axiom plays an important role in the cycle model. It is used for it to represent economic payments between the different parties (state, household and enterprise).

Ex Ante regarded is based the cycle axiom on a "“planning"” in that the future supplies and discharges of the economictaken part (approach) to be planned. It states thus - ex ante regarded - still nothing over the material and discharges at money supplies (measured in monetary units) between the economictaken part.

Articles in category "Cycle axiom"

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