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WorksheetsCircular Flow
Total questions: 10
Worksheet time: 10mins
Name
Class
Date
1.
In which model of Circular Flow, the households do not save?
a)
Frugal economy
b)
Spendthrift economy
c)
Governed economy
d)
Open economy
2.
Who are the agents in the economy?
a)
Firms
b)
Households
c)
Government
d)
Production
3.
Who are the producers in the economy?
(a)
4.
Who among the following are Consumers?
a)
Firms
b)
Households
c)
Exporters
d)
Banks
5.
Savings are leakages from the Circular Flow.
a)
True
b)
False
6.
Imports are Injections into the circular flow.
a)
True
b)
False
7.
Which of the following are the withdrawals from the circular flow?
a)
Savings
b)
Exports
c)
Imports
d)
Taxes
8.
Identify the injections into the circular flow from the following.
a)
Taxes
b)
Imports
c)
Exports
d)
Savings
9.
A four sector model includes foreign trade.
a)
True
b)
False
10.
Which of the following occur because of government?
a)
Leakages
b)
Injections
c)
Market
d)
Taxes
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