Statement 1: Real flow refers to the flow of factor services from firms to households
Statement 1: Real flow refers to the flow of factor services from firms to households.
Statement 2: Flow of goods and services and factors of production across different sectors in a barter economy is known as capital flow.
In the following questions, read the following statements and choose the correct alternative among those given below:
Alternatives:
(a) Both the Statements are true.
(b) Both the Statements are false.
(c) Statement 1 is true and Statement 2 is false.
(d) Statement 2 is true and Statement 1 is false.
Anurag Pathak Changed status to publish November 18, 2023
Solution:-
Ans – (b)
Real flow refers to the flow of factors services from households to firm and flow of goods and services from firm to households. Thus it is also called physical flow.
Thus Statement 1 and Statement 2 are both false.
Anurag Pathak Changed status to publish November 18, 2023
