Circular Flow
Authored by Liz Chisnall
Business
12th Grade
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5 questions
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1.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
In the Circular Flow of Income Diagram, withdrawals include Savings, Imports, and (a)
2.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
Injections into the circular flow include (a)
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who are the two principal agents of the economy in the basic model?
Government and Banks
Firms and Households
Stock Market and Real Estate
Labor Unions and Nonprofit Organizations
4.
OPEN ENDED QUESTION
3 mins • 1 pt
How does the addition of the Government and Foreign sector complicate the model in the Circular Flow of Income Diagram?
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5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the Circular flow of income diagram model?
Distribution of wealth in the economy
Exchange of goods and services in the economy
Flow of money and resources in the economy
Allocation of resources in the economy
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