Which of the following is a phase of circular flow of income?

Generation Phase

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Distribution Phase

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Disposition Phase

No worries! We‘ve got your back. Try BYJU‘S free classes today!

All of these

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is B All of these
Circular flow of income refers to unbroken circularity of real flows and money flows across the different sectors of the economy. Different phases of circular flow of income:
a) General phase
b) Distribution phase
c) Disposition phase

Suggest Corrections

Similar questions

A

\to

C

Join BYJU'S Learning Program