Sandeep Garg Macroeconomics Class 12 Solutions

Question 3. What is meant by circular flow of income? Distinguish between Real flow and Money flow. Class  Class 12 Subject Economics (Macroeconomics) Category Class 12 Economics Solutions Sandeep Garg Q.3 What is meant by circular flow of income? Distinguish between Real flow and Money flow. Solution:- Circular flow of income represents the flow of … Read more

Question 2. What are the different phases of a circular flow of income? Class  Class 12 Subject Economics (Macroeconomics) Category Class 12 Economics Solutions Sandeep Garg Q.2 What are the different phases of a circular flow of income? Solution:- Production Phase/Generation Phase: In this phase, firms produce goods and services with help of factors of … Read more

Question 1. Explain Circular flow of income in two sector economy. Class  Class 12 Subject Economics (Macroeconomics) Category Class 12 Economics Solutions Sandeep Garg Sandeep Garg Macroeconomics Class 12 Solutions Circular flow of Income – Short Questions – Q.1 Explain Circular flow of income in two sector economy. “OR” Explain the circular flow of income. … Read more