What is meant by problem of double counting? How this problem can be avoided? OR Discuss briefly, the circular flow of income in a two sector economy with the help oi a suitable diagram. (ii) To consider only the value added of the output produced. OR Circular Flow of income in a two Sector economy : Household are owners of factors of production. They provide factor service to the frms (producing units ). Fims provide factors payments in exchange of their factor service . So, factor payments flow from the firms (producing units ) to households: Households pruchase good and service from the (producing units) for which they make payment to them. So consumption expenditure ( producing units) for which they make payment to them. So, consumption expenditure (speding on goods and services) flows from housedolds to the firm

Explain the circular flow of income

Explain the circular flow of income.

Explain the circular flow of income.

Describe the circular flow of income in a two-sector economy (without financial market).

Explain column chromatography with the help of a suitable diagram.

What is ment by circular flow of income ?

Explain infection by HIV in a host cell with the help of suitable diagrams.

Explain 'Wobble hypothesis' with the help of a suitable diagram.