circular flow of income quiz

Beschreibung

2016 CSEC Economics (Section 5 - Financial Sector) Quiz am circular flow of income quiz, erstellt von Nikolas Reece am 29/04/2016.
Nikolas Reece
Quiz von Nikolas Reece, aktualisiert more than 1 year ago
Nikolas Reece
Erstellt von Nikolas Reece vor mehr als 8 Jahre
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9

Zusammenfassung der Ressource

Frage 1

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

Frage 2

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

Frage 3

Frage
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.
Antworten
  • Financial Sector, Withdrawal, Investment
  • Financial Sector, Injection, Investment
  • Financial Sector, Withdrawal,
  • Firms, Injection, Investment
Zusammenfassung anzeigen Zusammenfassung ausblenden

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