1.

Assertion (A) – In two sector model money flows from the firms to the households in the form of rent, wages, interest.Reasoning (R) – Households purchase goods and services from firms by using this money. (i) Both (A) and (R) are true and (R) is the correct explanation of (A). (ii) Both (A) and (R) are true but (R) is not the correct explanation of (A). (iii) (A) is true but (R) is false. (iv) (A) and (R) both are false

Answer»

(i) Both (A) and (R) are true and (R) is the correct explanation of (A).



Discussion

No Comment Found