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RADHA BHUGANA-CIRCULAR FLOW OF INCOME-VERY SHORT ANSWER TYPE QUESTION
- Name the two sectors in which real flow takes place in a simple econom...
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- What is meant by stock variable ?
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- Define flow variable/flows.
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- What is circular flow of income ?
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- Define money flow.
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- Define the types of circular flow.
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- What is the function of households in the circular flow (two-sector mo...
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- Is national income a stock concept or flow concept ?
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- What is meant by real flow or physical flow ?
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- Name three phases of circular flow of income.
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