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Yogita Ingle 6 years, 7 months ago

Real flow Money flow
Flow of factor services from the household sector to the firms and the corresponding flow of goods and services from the firms to the households is called the real flow When the households provide factor services to the firms, in return they receive factor payments.
            The factor payments received by the household is then spent on goods and services produced by the firms leading to a circular flow of money between households and firms.
Real flow does not have a common medium of exchange. Hence, it has limitations of barter system. All transactions are settled with the help of money as a common medium of exchange. Hence, it overcomes the limitations of barter system.
example: Mr X bought 2 units of wheat in exchange of 3 pens Example: Mr Y bought 2 units of wheat in exchange of 65 rupees

 

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Garima Goel 6 years, 6 months ago

Do from sandeep garg. Around 100 questions of every type are given
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Deepak Choubey 6 years, 7 months ago

The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers. By 1933, when the Great Depression reached its lowest point, some 15 million Americans were unemployed and nearly half the country’s banks had failed.
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Yogita Ingle 6 years, 7 months ago

The Great Depression took place in 1929 which adversely affected the developed economies of Europe and North America. There was extreme fall in Aggregate Demand due to fall in income, which led to a vicious circle of poverty. Demand for goods in the market was low. Many factors of production were lying idle, workers were thrown out of their jobs. The consequences of Great Depression gave birth to the study of macroeconomics.

Kuldeep Sahani 6 years, 7 months ago

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Yogita Ingle 6 years, 7 months ago

Real flow Money flow
Flow of factor services from the household sector to the firms and the corresponding flow of goods and services from the firms to the households is called the real flow When the households provide factor services to the firms, in return they receive factor payments.
            The factor payments received by the household is then spent on goods and services produced by the firms leading to a circular flow of money between households and firms.
Real flow does not have a common medium of exchange. Hence, it has limitations of barter system. All transactions are settled with the help of money as a common medium of exchange. Hence, it overcomes the limitations of barter system.

 

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Paavak Bansal 6 years, 6 months ago

All machines are not capital goods . the machines which are used by production sector and are involved in production activity are called capital goods.the machines for eg car if used by household sector will not be a capital good as it is a house hold good because it is not involved in production activity.so,all machines are not capital goods

Praduman Joshi 6 years, 7 months ago

Some of them are non capital goods aka inventory
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Abhishek Raj 6 years, 7 months ago

Because the price of intermediate good is already added into the price of final good

Muskan Sharma 6 years, 7 months ago

Hi
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Deepanshu Jain 6 years, 7 months ago

NNP​​​​Fc = It is the sum total of factor income of final goods & services produced within the domestic territory of a country during an accounting year inclusive of net factor I'm come from abroad & exclusive of depreciation.

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Chanchal Singh 6 years, 7 months ago

Micro means small. In microeconomics we study about an individual firm, individual producer, individual customer, individual industry. OR Macro means as a whole. In macroeconomics we study as a whole.
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Vishal Singh Stan 6 years, 7 months ago

Have i said anything wrong bro??????

Dev Narula 6 years, 7 months ago

Mind ypur language...?
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Vishal Singh Stan 6 years, 7 months ago

You can't find the answers of TR JAIN here.. due to his book's public privacy.. here you can only find NCERT's solutions..
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Rajat Vashisth 6 years, 7 months ago

How do you answer in tables?

Yogita Ingle 6 years, 7 months ago

Microeconomics Macroeconomics
It is study of individual economic units of an economy. It is study of the economy as a whole and its aggregates.
It deals with individual income, individual prices and individual outputs, etc. It deals with aggregates like national income, general price level and national output, etc.
Its central problem is price determination and allocation of resources. Its central problem is determination of level of income and employment.
Its main tools are demand and supply of particular commodity/factor. Its main tools are aggregate demand and aggregate supply of the economy as a whole.

 

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Yogita Ingle 6 years, 7 months ago

Business Fixed Investment: It is the expenditure by producers on the purchase of Fixed Assets like plant and machinery and other capital items.
Inventory Investment : It refers to change in stock during the year. It is closing stock less opening stock. The stock includes: raw material, semi finished goods (work in progress) and finished goods.

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Srishti ? 6 years, 7 months ago

What do you want to know about indian economics book
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Prabhakar Rai 6 years, 7 months ago

The fou major sectors in an economy are: 1. Household sector 2. Firm sector 3. Government 4. Foreign sector
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Shagun Vishwakarma 6 years, 7 months ago

It is one of the function of the central bank. It means central bank also take care of the forex and control its supply for its government.
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Shagun Vishwakarma 6 years, 7 months ago

Three qualitative measures are - 1. Margin Requirement 2. Moral Sausion 3. Credit Rationing
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Shagun Vishwakarma 6 years, 7 months ago

Because it had helped in fulfilling the needs of humans
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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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Anjali Gupta 6 years, 7 months ago

National income is a flow concept because income or the amount of money paid in the form of wages, interests,etc..cannot be stored they fluctuate at regular time periods. Concept of stock: Availability of anything at a point of time. Ex: water available in tank at a point of time. Flow:ex leakage of water from the tank.

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