Question

Flow of goods and services and flow of factor service among different sectors of an economy is known as ______.

Options

• real flow

• money flows

• sectoral flow

• none of these

Answer 1

Flow of goods and services and flow of factor service among different sectors of an economy is known as real flow.

Explanation:

Real flow refers to the real movement of goods and services, as well as factor services (such as labor, land, and capital), across different sectors of the economy, such as families and businesses.