CUET Economics - Identify the correct statement in the context of Circular Flow of Income in an economy | PYQs + Solutions

CUET Economics

Macro

Easy

Household receives factor services from firms.

Household invests while firm saves.

Firms produce goods and services.

Household supplies factor services to Government.

✅ Correct Option: 3

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The unsold finished goods, or semi-finished goods, or raw materials which a firm carries from one year to the next is a .....?

CUET Economics PYQs