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Class 11 · Economics
→Which reward is received for enterprise services?
Class 11 · Economics
→If firms use capital services, what type of payment will they make?
Class 12 · Economics
→If firms use land services, which factor income will households receive?
Class 12 · Economics
→If firms receive labour services from households, what is the corresponding monetary reward?
Class 12 · Economics
→In the context of national income, what does the two-sector circular flow clarify?
Class 12 · Economics
→Which option correctly shows the dual role of firms in the two-sector model?
Class 12 · Economics
→Which option correctly shows the dual role of households in the two-sector model?
Class 12 · Economics
→If firms’ production plan increases, what change is expected in the factor market?
Class 12 · Economics
→If households’ propensity to consume rises, what is the first effect on firms?
Class 12 · Economics
→Which flow will not be shown because the government is absent in the two-sector model?
Class 12 · Economics
→What is the direct meaning of excluding the foreign sector in a two-sector closed economy?
Class 12 · Economics
→Which flow is not an example of money flow in the two-sector model?
Class 12 · Economics
→Which flow is not an example of real flow in the two-sector model?
Class 12 · Economics
→Which is the correct role of households and firms in the product market?
Class 12 · Economics
→Which is the correct role of households and firms in the factor market?
Class 12 · Economics
→If saving is zero in the two-sector model, which statement will be correct?
Class 12 · Economics
→What is the direction of real flow and money flow in the two-sector model?
Class 12 · Economics
→How are household expenditure and firms’ income related in the two-sector model?
Class 12 · Economics
→What is the relation between firms’ costs and household income in the two-sector model?
Class 12 · Economics
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