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Which of the following is a phase of circular flow of income?

582 viewsNovember 18, 2023MCQs (National Income)

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Anurag Pathak28.55K November 18, 2023 0 Comments

Which of the following is a phase of circular flow of income?

(a) Generation Phase

(b) Distribution Phase

(c) Disposition Phase

(d) All of these

Anurag Pathak Changed status to publish November 18, 2023

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1 Answer

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Anurag Pathak28.55K Posted November 18, 2023 0 Comments

Ans – (d)

Explanation:-

Circular Flow of Income consists of three phases Generation Phase, Distribution Phase and Disposition phase.

Anurag Pathak Changed status to publish November 18, 2023

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.