WorksheetsEcon #2 circular flow 2
Total questions: 7
Worksheet time: 4mins
Who pays for the government taxes?
Workers (labor)
Homeowners/business owners (land)
Consumers (you)
All of the above
The circular flow is made up of a continuous interaction of which three groups?
Workers, government and transportation
Households, government, and businesses
Homeowners, business owners, car dealers
Factories, farmers, and workers
Which of the following is a worker?
Labour
Capital
Land
None of the above
What do households receive from businesses?
Capital
Dividends
Wages
Rent
According to the circular flow model where can you buy and sell a haircut?
The Product Market
The Labor Market
The Barber Shop
The Resource Market
Which term completes this economic flow?
Income
Taxes
Savings
Investments
What does the government get from businesses and households?
Taxes
Dividends
Capital
Wages
