Circular Flow

Circular Flow

University

10 Qs

quiz-placeholder

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Circular Flow

Circular Flow

Assessment

Quiz

Social Studies

University

Hard

Created by

Manisha Pimpalkhare

Used 165+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

In which model of Circular Flow, the households do not save?

Frugal economy

Spendthrift economy

Governed economy

Open economy

2.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Who are the agents in the economy?

Firms

Households

Government

Production

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Who are the producers in the economy?

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Who among the following are Consumers?

Firms

Households

Exporters

Banks

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Savings are leakages from the Circular Flow.

True

False

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Imports are Injections into the circular flow.

True

False

7.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Which of the following are the withdrawals from the circular flow?

Savings

Exports

Imports

Taxes

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