Duplicate of Circular Flow Model Flashcards

1

Rent is paid by ________ to __________.

2

Identify number 3 in the model:

3

In exchange for Public Goods and Services, Households pay:

4

Borrowing and lending between nations is known as:

5

Identify number 2 in the model

6

In exchange for final goods and services Firms receive __________ from Product Markets.

7

An arrangement that brings buyers and sellers together to do business is:

8

Land, labor, capital, and entrepreneurship are bought and sold in:

Duplicate of Circular Flow Model