3. Mr Joshi runs a chemist's shop, accounting year of which is the financial year on November 9,
2018 he sets up a chemical factory What is the previous year for the assessment year 2019-20
for the above two businesses.
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Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on these elements.
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shop 1/4/2019 to 31/3/2020, and factory 9/11/2019 to31/3/2020
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