Circular Flow and the level of overall economic activity

Quiz

•

Social Studies

•

10th - 12th Grade

•

Medium

Simon Bloom

Used 23+ times

FREE Resource

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22 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Businesses provide government with...

taxes

sales

private goods & services

interest

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do governments provide for the market?

private goods & services

public goods & services

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do governments provide for the market?

private goods & services

public goods & services

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In terms of resources, what do households provide for businesses?

loans

savings

labor

private goods

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In terms of resources, what do businesses provide for households?

income

sales

taxes

private goods

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

T/F: Markets tend to circulate resources, goods, & money through the four sectors of the economy continuously.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Circular Flow model proves that the sectors of the economy are...

independent

dependent

interdependent

round

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