12b

12b

8th Grade

11 Qs

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12b

Assessment

Quiz

Social Studies

8th Grade

Practice Problem

Medium

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11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the circular flow model, what do individuals SELL to businesses

Services

Money

Resources

Goods

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the circular flow model, what do businesses provide to individuals and households?

Goods and services

Public goods and services

Resources

Taxes

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Governments use tax revenue from individuals and businesses to provide______.

resources to businesses

goods and services to households

money to individuals in return for labor

public goods and services

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the circular flow model, what do individuals receive from businesses in return for their labor?

Services

Money

Resources

D Goods

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the United States economy, what do businesses buy from consumers?

Resources

Tax revenue

Goods and services

Public goods and services

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT an example of a public good or service?

Fire departments

Public schools

Wal-Mart

Roads and highways

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a part of the circular flow model of the U.S. economy?

Government

Households

Businesses

Foreign nations

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