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Questions and Answers
Match the following with their respective flows in the circular flow of income:
Match the following with their respective flows in the circular flow of income:
Factors of production = Real flow Goods and services = Real flow Factor remuneration = Money flow Consumption expenditure = Money flow
Match the following with their respective outflows from the circular flow of income:
Match the following with their respective outflows from the circular flow of income:
Savings = Leakages Taxation = Leakages Payment for Imports = Leakages Investment = Injections
Match the following with their respective inflows into the circular flow of income:
Match the following with their respective inflows into the circular flow of income:
Government expenditure = Injections Payments for exports = Injections Factors of production from foreign countries = Real flow Goods and services to foreign countries = Real flow
Match the following with their corresponding equation components for equilibrium in the economy:
Match the following with their corresponding equation components for equilibrium in the economy:
Match the following with their corresponding representation in the circular flow of income:
Match the following with their corresponding representation in the circular flow of income:
Match the following with their respective components in the circular flow of income:
Match the following with their respective components in the circular flow of income:
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