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Explain two-sector economy. - Economics

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Question

Explain two-sector economy. 

Explain
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Solution

In a two-sector economy, we have two sectors, i.e. household and business sector.

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Chapter 31: National Income and Circular Flow of Income - TEST QUESTIONS [Page 31.14]

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R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 31 National Income and Circular Flow of Income
TEST QUESTIONS | Q A. 7. | Page 31.14
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