Question
In terms of economics, real flow comprises
Solution
In the circular flow of income, the real flow refers to the flow of factor services (e.g., labor, capital) from households to firms and the corresponding flow of goods and services from firms to households. The money flow is the payment for these real flows.
More ESI Previous Year Papers Questions
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
13.232 + 19.98% of 549.99 = ? × 8.99
5555.05 + 500.05 + 5000.005 + 5.005 =?
49.99% of 539.99 + 263.98% of 49.99 = ?% of 1608.01
?% of (144.31 ÷ 17.97 × 60.011) = 239.98
362, 452, 550, 656, 770, 892, ?
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
? 3 + 95.06 X 39.87 ÷ 5.03 = 1271.89
What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)...
1199.98 ÷ 40.48 × 20.12 = ? × 3.16
