Question

Flow of money income and money expenditure among different sectors of an economy is known as ______.

Options

• real flow

• sectoral flow

• money flows

• circular flow

Answer 1

Flow of money income and money expenditure among different sectors of an economy is known as money flows.

Explanation:

Money flow is the movement of money income and expenditure across different sectors of the economy, such as families getting wages and purchasing goods and services from businesses.