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प्रश्न
On the basis of the figure given below, identify the type of flow indicated by B and D:
विकल्प
Real flow
Money flow
Nominal flow
National flow
उत्तर
Real flow
Explanation:
Real Flow is denoted by B and D. Real flow refers to the movement of commodities and services from one sector to another. B denotes the flow of goods and services from enterprises to households. D denotes the flow of factor services, such as land, labor, capital, and entrepreneurial skills, from the household sector to companies.
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संबंधित प्रश्न
Explain the circular flow of income.
Why should the aggregate final expenditure of an economy be equal to the aggregate factor payments? Explain.
Answer the following question.
With the help of a diagram, show the circular flow of income in a two-sector model with Savings and Investment.
Answer the following question.
Give any two examples of the flow concept.
Money flow is the flow of ____________.
Which one of the following is included in circular flow?
Which services are provided by families to a firm?
Which one of the following services are included in the Secondary Sector?
Which one is the limitation of Macro Economics?
Draw a well labelled diagram of two sector model of a circular flow of income including the financial sector.
Read the below case and answer the question that follow:
Circular Income Flow in a Two Sector Economy: In the figure given we can see that upper loop shows the resources such as land, capital and entrepreneurial ability flow from households to firms in the direction shown by the arrow direction.
The money flows from firms to the households as factor payments in the form of wages, rent, interest and profits, shown by the arrow direction.
The lower part of the figure shows the flow of money from households to firms in the form of consumption expenditure done by the households to purchase the goods and services produced by the firms, making the flow of goods and services from firms to households.
Thus, we see that money flows from business firms to households as factor payments and then it flows from households to firms. Thus, there is, in fact, a circular flow of money or income. This is how the economy functions.
Which of the following is not the significance of Circular Flow of Income?
Which of the following is a flow?
Identify the correctly matched pair of the items in Column A to those in Column B:
| Column A | Column B |
| 1. Money Flow | (a) Depreciation |
| 2. Real Flow | (b) Factor Services |
| 3. Trade Flow | (c) House Work by Housewife |
| 4. Capital Flow | (d) Inventory |
