Question:
Which of the following is not a part of the Circular flow of Income in a closed economy?
Which of the following is not a part of the Circular flow of Income in a closed economy?
Show Hint
Closed economy = no foreign trade; open economy includes exports/imports and foreign investors.
Updated On: Sep 18, 2025
- Firms
- Households
- Government
- Foreign Institutional Investors
Hide Solution
Verified By Collegedunia
The Correct Option is D
Solution and Explanation
Step 1: Recall closed economy circular flow.
- Participants: Households, Firms, Government
- Foreign entities are part of open economy flow, not closed economy
Was this answer helpful?
0
0
Top Questions on Macro-Economics
- Among the following theories of international trade, which one is the oldest?
- CUET (PG) - 2025
- Commerce
- Macro-Economics
- Which of the following records the flow of foreign exchange from all international transactions over a period of time?
- CUET (PG) - 2025
- Commerce
- Macro-Economics
- Which of the following statements are correct? (A). A proportional income tax is an automatic stabiliser.
(B). An increase in autonomous spending raises the equilibrium level of income.
(C). As the marginal propensity to consume gets larger, the lower the multiplier will be.
(D). A reduction in transfer payments lowers the output.- CUET (PG) - 2025
- Commerce
- Macro-Economics
- Which of the following represents the inverse relationship between the rate of unemployment and the rate of increase in money wages?
- CUET (PG) - 2025
- Commerce
- Macro-Economics
- The exchange rate differential between the currencies of two countries is explained by:
- CUET (PG) - 2025
- Commerce
- Macro-Economics
View More Questions
Questions Asked in CUET PG exam
- Which one will replace the question mark?
- CUET (PG) - 2025
- Logical Reasoning
- The following table shows the total number of people who were stuck in traffic jam while going to their office on working days of a week due to construction of a flyover. Table also shows the ratio of male to female among them. Find the average number of females who were stuck in traffic on working days.
- What is the least number which, when divided by 7, 12 and 15 leaves 1 as the remainder in each case?
- CUET (PG) - 2025
- LCM and HCF
- Study the following table and answer the question that follows. If the population of state B is 42,00,000 and the population of state C is 32,00,000, then what is the sum of number of females below poverty line in state B and number of males below poverty line in state C?
- The following table shows the total number of people who were stuck in traffic jam while going to their office on working days of a week due to construction of a flyover. Table also shows the ratio of male to female among them. If 30% males on Tuesday and 60% males on Wednesday reached their office on regular time of the office, then how many males got late on Tuesday and Wednesday taken together?
View More Questions