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.

Financial Sector, Injection, Investment

Financial Sector, Withdrawal, Investment

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circular flow of income quiz

Nikolas Reece 3 questions 5.0 (1 rating)

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1Households are both owners of the factors of production as well as consumers of goods and services produced by firms.
1. ATrue
2. BFalse
2Firms own and control the factors of production and produce goods and services for households to consume.
1. ATrue
2. BFalse
3Firms 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.
1. AFinancial Sector, Withdrawal, Investment
2. BFinancial Sector, Injection, Investment
3. CFinancial Sector, Withdrawal,
4. DFirms, Injection, Investment

Description: 2016 CSEC Economics (Section 5 - Financial Sector) Quiz on circular flow of income quiz, created by Nikolas Reece on 29/04/2016.
Author: Nikolas Reece
Language: English
Views: 397
Tags: csec economics section 5 - financial sector 2016
Rating: 5.0 out of 5 · 1 rating
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