8. Circular Flow Model
Assessment
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M.W. Evans
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Social Studies
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8th Grade
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20 plays
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Medium
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10 questions
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1.
Multiple Choice
Overall, what does the 'circular flow model' show in economics?
money
interdependence between sectors
the flow of income between sectors
the way that the government interacts in the economy
2.
Multiple Choice
What is 'interdependence'?
When something is able to achieve something on its own.
When two or more things rely on each other.
When one thing must have multiple levels of support
When the only things you can rely on are people close to you.
3.
Multiple Choice
Governments spend _________________ on producers/firms to boost production and spending the economy.
labour
goods and services
money
capital
4.
Multiple Choice
Governments earn money from _________________ households and firms.
stealing from
working with
trading with
taxing
5.
Multiple Choice
The finance sector spends money by _________________ in firms and governments.
working
diving
taxing
investing
6.
Multiple Choice
The finance sector earns money from ___________________ made by households.
tax
dividends
savings
shares
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