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What are the two kinds of flow of national income? - Economics

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प्रश्न

What are the two kinds of flow of national income?

What are real flows?

लघु उत्तरीय
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उत्तर

Two kinds of flow of national income are:

  • Real flows: Real flow refers to the movement of products and services between different sectors of the economy, including labor, land, goods, and services.
  • Money flows: Money flow refers to the flow of revenue and spending, including salary, rent, and payments for goods and services.
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Notes

Students should refer to the answer according to their question.

  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 18: National Income and Circular Flow of Income - TEST YOURSELF QUESTIONS [पृष्ठ ३६२]

APPEARS IN

फ्रैंक Economics [English] Class 12 ISC
अध्याय 18 National Income and Circular Flow of Income
TEST YOURSELF QUESTIONS | Q 11. | पृष्ठ ३६२
फ्रैंक Economics [English] Class 12 ISC
अध्याय 18 National Income and Circular Flow of Income
TEST YOURSELF QUESTIONS | Q 10. | पृष्ठ ३६२
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