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Explain two sector model. - Economics

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Question

Explain two sector model.

Explain
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Solution

In a two-sector model (without money market), income = consumption

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Chapter 31: National Income and Circular Flow of Income - TEST QUESTIONS [Page 31.15]

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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. 13. | Page 31.15
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