Class 12th Sample Paper

What is circular flow of income ?

Write 3 Phases of circular flow of income ?

What do you mean by factor income ? Explain with Diagram.

What do you mean by injection in an economy ?

Define citizenship and Normal Residents .

Write 02 difference between stock and flow with example/

Write 03 difference between real and money flow with example.

What do you mean by closed economy ? explain

fill in the blanks

Total Production = ?

Factor payment = ?

consumption expenditure = ?

real flow = ?

Difference between factor income and transfer income .

Difference between types of final goods . any 03 difference.

difference between depreciation and capital loss ?

Explain GDP mp and GNP fc .

Write precautions of Value added method and Income method while calculate national income .

Thank you!

ALL THE BEST

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