Circular Flow of Income Quiz

Circular Flow of Income Quiz

11th Grade

20 Qs

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Circular Flow of Income Quiz

Circular Flow of Income Quiz

Assessment

Quiz

Other

11th Grade

Medium

Created by

Maya Kharishma

Used 7+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the circular flow?

Shows how income, spending and output move around an economy

Shows how tax, spending and output move around an economy

Shows how income

and spending

move around an economy

Shows how output move around an economy

2.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which one is the injections in the circular flow of income?

Investment

Tax

Imports

Spending

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which one is the leakages in the circular flow of income?

Exports

Taxes

Services

Investment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the a closed economy ?

an economy that is involved in leakages with other economies

an economy that is involved injection and leakages with other country

an economy that is involved in trade with other economies

an economy that doesn't trade with other economies

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which one is involved in the circular flow of income in an open economy?

Producers

Consumers

Government

Society

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A rise in investment will cause a rise in GDP

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When injections > leakages, national income will

Expand

Contract

Neutral

Stabil

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