Economics:  Circular Flow

Economics: Circular Flow

12th Grade

3 Qs

quiz-placeholder

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Economics:  Circular Flow

Economics: Circular Flow

Assessment

Quiz

Other

12th Grade

Practice Problem

Hard

Created by

Erica Dawson

Used 13+ times

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3 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

According to the video, what is transferred from Households to the Factor Markets?

Goods

Labor

Money

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

According to the economic activity diagram, where do consumers purchase goods?

Factor Market

Household Market

Product market

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

According to the economic activity diagram, money is earned for consumer use in order to purchase goods in the ___ market.

Factor

Household

Product

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