Economic Circular Flow

Presentation

•

Business

•

10th - 12th Grade

•

Easy

Priscilla Davis

Used 51+ times

FREE Resource

1 Slide • 11 Questions

Economic Circular Flow

Multiple Choice

Who pays for the government taxes?

Workers (labor)

Homeowners/business owners (land)

Consumers (you)

All of the above

Multiple Choice

Government use taxes to produce

Leaders for the government

Weapons for the military

Public Goods and Services

Television Commercials

Multiple Choice

What drives the circular flow model?

success

profit

taxes

monetary policy

Multiple Choice

What is being represented by the "red flow line"?

The flow of money

The flow of goods and services

Multiple Choice

What is being represented by the "green flow lines"?

the flow of money

t flow of goods and services

Multiple Choice

What do households provide to the resource market?

land, labor, capital

money

people

income

Multiple Choice

What do businesses provide for consumers according to the circular flow model?

goods and services

only goods

only services

taxes

Multiple Choice

What three entities make up the circular flow model?

businesses, households, and the government

Buyers, sellers, producers

Local, state, and federal government

President Obama, Katy Perry, Waka Flocka

Multiple Choice

When individuals work for businesses, what do they get in return?

Capital

Labor

Income

Raw materials

Multiple Choice

When individuals work for businesses, what resource are they providing?

Capital

Labor

Loans

Raw materials

Multiple Choice

Supply and Demand

Economic Circular Flow

Consumer Sovereignty

Types of Business ownership

Economic Circular Flow

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