Define Nominal Flow.

Nominal flow is defined as the flow of factor payment from firms to the households for their factor services and the corresponding flow of money from households to the firms, in form of expenditure on consumption i.e purchase of goods and services produced by the firms.

It is also called money flow.

Also read:

Learn about more questions and answers on business studies and various other commerce topics from our website.

Was this answer helpful?

  
   

0 (0)

Upvote (0)

Choose An Option That Best Describes Your Problem

Thank you. Your Feedback will Help us Serve you better.

Leave a Comment

Your Mobile number and Email id will not be published. Required fields are marked *

*

*

BOOK

Free Class

Ask
Question