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In a two-sector economy without financial …

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In a two-sector economy without financial market, the final consumption expenditure by households is equal to the factor income received by them. Defend or refute.

    • Posted by Sara Akalya 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Annesa Sarangi 4 years, 9 months ago

    This statement is defended as the factor income which is recieved by the household on rendering their services is the money which they will spend on buying the final goods and services.

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