Skip to content
- Created by: hsnnsh123
- Created on: 07-02-20 13:18
1. in the cf what does the government give to firm
- government purchases goods
- taxes
- money
- nothing
- subsidies
1 of 9
Other questions in this quiz
2. what will happen to the economy if spending falls
- reduced demand, job loses, lower living standards, increased crime
- nothing
- increased crime
- interest rates are reduced
3. what are the factors of production?
- primary, secondary, tertiary
- capital, enterprise, labour
- capital, land, labour, enterprise
- labour, land
4. what are the withdrawals and injections into the cirlcuar flow?
- government, households, firms
- withdrawals = imports, tax,saving injections= exports, investments, government spending
- imports, tax, exports, government spending
5. what is the circular flow of income?
- the movement of goods in an economy
- the movement of spending and income throughout an economy
- the movement of income in the world
Comments
No comments have yet been made