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Solution:- Disposition, Firms In the Disposition phase, income received by factors of production, is spent on goods and services produced by Firms.
The given statement is correct, i.e., flow of income is circular is a two-sector economy. The income received by households from firms for their factor services is spent by them on the purchase of goods and services produced by the…
In a two-sector model, the national product, in terms of money value of goods and services produced, is distributed among the productive factors. It means, total money value of output is given to factors of production in the form of…
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(i) Amount of Bank Deposits as on 31.03.2022 Stock, the Amount of Bank Deposits is measured at a point of time. (ii) Losses Flow, as losses are measured over a period of time. (iii) Production of wheat during the year…
Yes, the given statement is correct. In a two-sector economy, the firms produce goods and services and make factors payments to the households. The factor income earned by the households will be used to buy the goods and services which…
Ans – (d) Explanation:- Net Investment is a flow Concept and it is measured for a period of time. As per Economics Net Investment is just an addition to the present Stock of capital during a period of time. For…
Solution:- Answer: (a) – Real Flow B and D show the Real Flow. Real flow refers to the movement of commodities and services from one sector to another. D refers to the flow of factor services such as land, labor,…