Circular Flow
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Assessment
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A. Koester
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Social Studies
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9th - 12th Grade
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250 plays
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Medium
Student preview
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47 questions
Show answers
1.
Multiple Choice
Point B represents
Product Market
Factor Market
Individuals
Businesses
2.
Multiple Choice
What are the four main parts of the circular flow diagram?
Product Market, Stock Market, Factor Market, Fish Market
Product Market, House Market, Factor Market, Good Market
Factor Market, Product Market, Households, Firms
Factor Market, households, Stock Market, super market
3.
Multiple Choice
What does point A represent on the Circular flow diagram?
Households
Businesses
Factor Market
Product Market
4.
Multiple Choice
Where are factors of production (land, labor, etc) exchanged in the circular flow model?
Factor Market
Product Market
Firms
Individuals
5.
Multiple Choice
Where do factors of production (land, labor, etc) come from in the circular flow model?
Factor Market
Product Market
Firms
Individuals
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