Money flow involves exchange of:
Money flow involves exchange of:
(a) Goods and Services
(b) Gifts
(c) Money
(d) None of these
Anurag Pathak Changed status to publish November 18, 2023
Ans – (c)
Explanation:-
Money flow consists of exchange of money between households and firms. Firms pay factor payments in money to households. The households in turn purchase goods and services and pay in money.
Anurag Pathak Changed status to publish November 18, 2023