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EK Check-Circular Flow

Last updated over 5 years ago

10 questions

Note from the author:

Circular Flow

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Match the number of the circular flow to the contextual example. Type N/A if the statement does NOT suggest economic activity.

Question 1

1.

You placed a pair of retro sunglasses into your eBay shopping cart.

Question 2

2.

You complete the eBay order by paying for your eBay account with Paypal.

Question 3

3.

Since those retro glasses are all the rage, the manufacturer of the glasses....'Sir Glass-A-Lot' just purchased some high end, Indonesian plastic!

Question 4

4.

While you are trying to look stylish in your retro glasses and halfway around the world, Kartika, lives in Central Java, Indonesia, where she works as a plastic plant laborer.

Question 5

5.

The Indonesian manufacturer, 'EnviroPlastic Forever' forwarded the a standard minimum wage monthly paycheck (converted $82 American) and a bonus (converted $10 American) to its workers for working during the recent Indonesian Labour Day, May 1st!!!!

Question 6

6.

Kartika picks up her paycheck at the personnel office.

Question 7

7.

One of the Indonesian workers, Kartika, purchases food and drinks for a late holiday celebration with her family.

Question 8

8.

The market where Kartika went food shopping, sent some revenue to the local farmers for some of their produce.

Question 9

9.

The local farms, being all out of fruit inventory, start selling grubs and other edible insects instead.

Question 10

10.

Having wild success with insects, farmers start to reap mass amounts of bug revenue from Kartika!