circular flow of income quiz

Descrição

2016 CSEC Economics (Section 5 - Financial Sector) Quiz sobre circular flow of income quiz, criado por Nikolas Reece em 29-04-2016.
Nikolas Reece
Criado por Nikolas Reece
Nikolas Reece
Criado por Nikolas Reece mais de 10 anos atrás
397
9

Resumo de Recurso

Questão 1

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

Questão 2

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

Questão 3

Questão
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.
Responda
  • Financial Sector, Withdrawal, Investment
  • Financial Sector, Injection, Investment
  • Financial Sector, Withdrawal,
  • Firms, Injection, Investment