Circular Flow Model Quiz

A model that displays the interaction between decision makers and the economy

A model that illustrates the impact of government policies on the economy

A model that demonstrates the circular flow of expenditures and income (correct)

A model that shows the flow of goods and services in the economy

The prices of goods and services

The amount of savings in the economy

The impact of technological advancements on production

The distribution of income among households (correct)

To showcase the impact of international trade on the economy

To highlight the role of government in regulating the economy

To illustrate the flow of expenditures and income in the economy (correct)

To demonstrate the impact of inflation on consumer spending