Flow

Flow

12th Grade

25 Qs

quiz-placeholder

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Flow

Flow

Assessment

Quiz

Social Studies

12th Grade

Hard

Created by

John Robinson

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The exchange of money for goods/services to consumers is represented in which part of the circular flow diagram?

1 and 2

3 and 4

5 and 6

7 and 8

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Point B represents

Product Market

Factor Market

Individuals

Businesses

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What does point A represent on the Circular flow diagram?

Households

Businesses

Factor Market

Product Market

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What does point C represent on the Circular Flow diagram?

Firm

Factor Market

Individual

Product Market

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The delivery of finished products for sale in exchange for revenue is represented in which arrows?

1 and 2

3 and 4

5 and 6

7 and 8

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What is being represented by the "red flow line"

The flow of money

The flow of goods and services

Taxes

Productive resources

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The circular flow is made up of a continuous interaction of which three groups?

Workers, government and transportation

Homeowners, business owners, car dealers

Factories, farmers, and workers

Households, government, and businesses

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