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Question Practice

What type of economic model is depicted by the circular flow of income?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
National Income Accounting
Question Bank

What type of economic model is...

Single Answer MCQ
Q-00106722

What type of economic model is depicted by the circular flow of income?

1

Open economy model

2

Closed economy model

3

Mixed economy model

4

Traditional economy model

Previous QuestionNext Question
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