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Free Exam: Circular Flow Model of Economics

Number of Questions in Test: 15
Number of Questions in Preview: 5
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Question 1

What are the two main components in the basic structure of the circular flow model of economics?

Type: Multiple choice
Points: 3
Randomize answers: Yes

Question 2

What flows from businesses to households in the Circular Flow Model of Economics?

Type: Multiple choice
Points: 3
Randomize answers: Yes

Question 3

What flows from households to businesses in the Circular Flow Model of Economics?

Type: Multiple choice
Points: 3
Randomize answers: Yes

Question 4

What is the relation between expenditures and income in a Circular Flow Model of Economics?

Type: Multiple choice
Points: 3
Randomize answers: Yes

Question 5

What effect would new technology or inventions have on the Circular Flow Model of Economics?

Type: Multiple choice
Points: 3
Randomize answers: Yes

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