What are three phases of circular flow of income?
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⎇ Generation phase
⎇ Distribution phase
⎇ Disposition phase
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hey mate your answer↓
Three phases of circular flow of income-
1.production phase(generation of income)
2.income phase( distribution of income)
3.expenditure phase(disposition of income)
hope it helps you!❤
Three phases of circular flow of income-
1.production phase(generation of income)
2.income phase( distribution of income)
3.expenditure phase(disposition of income)
hope it helps you!❤
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