Sandeep Garg Macroeconomics Class 12 Solutions Circular Flow of Income
| Subject | Macroeconomics |
| Class | Class 12 |
| Textbook | Sandeep Garg |
| Chapter | Circular Flow of Income |
| Category | Class 12 Economics Solutions Sandeep Garg |
Short Questions – Sandeep Garg Macroeconomics Class 12 Solutions Circular Flow of Income
- Explain Circular flow of income in two sector economy.
- What are the different phases of a circular flow of income.
- What is meant by circular flow of income? Distinguish between Real flow and Money flow.
- “Households and Firms depend on each other in the circular flow of income. Justify the statement in case of a two-sector model.
- Distinguish between Stock and Flow. Give an example of each.
- Discuss briefly, the circular flow of income in a two sector economy with the help of a suitable diagram.
Long Questions – Sandeep Garg Macroeconomics Class 12 Solutions Circular Flow of Income