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Circular Flow

Authored by Caleb Watson

Social Studies

12th Grade

Used 51+ times

Circular Flow
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is in the product market?

Land, Labor, Capital, Entrepreneurship

Imports & Exports

Goods & Services

Laws & Regulations

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is in the Resource Market

Land, Labor, Capital Entrepreneurship

Imports & Exports

Goods & Services

Laws & Regulations

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who sells in the resource market?

The Government

Businesses & Firms

Individuals & Households

All of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who sells in the product market?

Government

Businesses & Firms

Individuals & Households

All of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When an individual spends money (income), where does it go?

Resource Market

Product Market

Government

All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When a business spends money (revenue), where does it go?

Resource Market

Product Market

Government

All of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Do businesses demand or supply?

Demand

Supply

Both

Neither

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