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Circular Flow
Quiz
•
Social Studies
•
University
•
Practice Problem
•
Hard
Manisha Pimpalkhare
Used 165+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In which model of Circular Flow, the households do not save?
Frugal economy
Spendthrift economy
Governed economy
Open economy
2.
MULTIPLE SELECT QUESTION
1 min • 1 pt
Who are the agents in the economy?
Firms
Households
Government
Production
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Who are the producers in the economy?
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Who among the following are Consumers?
Firms
Households
Exporters
Banks
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Savings are leakages from the Circular Flow.
True
False
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Imports are Injections into the circular flow.
True
False
7.
MULTIPLE SELECT QUESTION
1 min • 1 pt
Which of the following are the withdrawals from the circular flow?
Savings
Exports
Imports
Taxes
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