circular flow of income quiz

Descripción

2016 (Section 5 - Financial Sector) CSEC Economics Test sobre circular flow of income quiz, creado por Nikolas Reece el 29/04/2016.
Nikolas Reece
Creado por Nikolas Reece
Nikolas Reece
Creado por Nikolas Reece hace más de 10 años
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Resumen del Recurso

Pregunta 1

Pregunta
Households are both owners of the factors of production as well as consumers of goods and services produced by firms.
Respuesta
  • True
  • False

Pregunta 2

Pregunta
Firms own and control the factors of production and produce goods and services for households to consume.
Respuesta
  • True
  • False

Pregunta 3

Pregunta
Firms borrow $5m from commercial banks in order to purchase new machinery for production. Select the appropriate sector, money flow and description this item would fall under in the CFI.
Respuesta
  • Financial Sector, Withdrawal, Investment
  • Financial Sector, Injection, Investment
  • Financial Sector, Withdrawal,
  • Firms, Injection, Investment
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