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History, 23.02.2021 01:00 zitlays

1. Which answers flow, clockwise and counterclockwise, in the circular flow model of the economy? Choose exactly two answers that are correct.

A) productivity

B) goods and services

C) natural resources

D) money

2. Which sector is not part of the circular flow model of the economy?

A) business sector

B) consumer sector

C) market sector

D) government sector

3. Which effect does the division of labor have on the overall economy?

A) a decrease in the availability of good jobs

B) an increase in the level of productivity

C) an increase in the level of natural resources

D) a decrease in the country’s dependence on foreign trade

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Answers: 3

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