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What is real flow and money …

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What is real flow and money flow ?

Posted by Gurleen Hundal 6 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Kavya S 6 years, 6 months ago

Real flow refers to the flow of actual goods and servics from firm to house holde and vice-versa.eg:flow of labour from households to firms and flow of goods from firms to households. Money flow refers to flow of money between households and firms.eg:payment of wages to labours from hoseholds and payment of money to firms from households through purchases.

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