WorksheetsEcon Quiz #2
Total questions: 7
Worksheet time: 4mins
What are the 4 factors of production?
capital, ideas, money, labour
land, entrepreneurship, capital, money
money, land, capital, labour
land,entrepreneurship, labour, capital
The circular flow show how __________ flows through households and firms in the economy?
land
money
production
resources
The Circular flow tells us that firms pay households money in the form of?
wages
cash
checks
goods and services
From the circular flow diagram, money goes from the households to the firms in the form of?
cheques
cash
payment for goods and services
resources
From the circular flow diagram, the government gets money from BOTH firms and households
True
False
In the circular flow diagram he government gets moeny in the form of ?
cheques
wages
taxes
cash
The circular flow diagram shows how the economies runs and sustains itself
True
False
