Unit 8 DTQ 1 Demonstration of Understanding

Front

Within the circular flow model, the government uses taxes to provide-

Back

Public Goods and Services

Front

The circular flow is made up of a continuous interaction of which three groups?

Back

Households, government, and businesses

Front

Which type of resource best describes a machine used to produce a product? Options: Natural, Human, Capital, Entrepreneurship

Back

Capital

Front

What does the government get from businesses and households?

Back

Taxes

Front

Government use taxes to produce

Back

Public Goods and Services

Front

Back

Private

Front

Back

Public

Front

In the circular flow model, what do businesses provide to individuals and households?

Back

Goods and services

Front

Governments use tax revenue from individuals and businesses to provide______.

Back

public goods and services

Front

In the United States economy, what do businesses buy from consumers?

Back

Resources