Assertion (A): Real Flow is also known as Nominal Flow. Reason (R): Real Flow involves flow of goods and services between firms and households

Question

898 viewsNovember 18, 2023Assertion Reason

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Anurag Pathak28.55K November 18, 2023 0 Comments

Assertion (A): Real Flow is also known as Nominal Flow.

Reason (R): Real Flow involves flow of goods and services between firms and households.

Choose the correct alternative among those given below

(a) Both Assertion (A) and Reason (R) are True and Reason (R) is the correct explanation of Assertion (A).

(b) Both Assertion (A) and Reason (R) are True and Reason (R) is not the correct explanation of Assertion (A).

(c) Assertion (A) is True but Reason (R) is False.

(d) Assertion (A) is False but Rason (R) is True.

score 0 · Answer 1 · 2023-11-18T08:21:52+00:00

Solution:-

Ans – (d)

Explanation:-

Real flow is not a nominal flow it is known as Physical Flow. Thus Assertion (A) is false.

Real flow involves a flow of goods and services between firms and households. Thus Reason (R) is True.