Macro Unit 2.1 CW: Advanced Circular Flow (Matching)

Last updated 10 months ago

1 question

1

Draggable item		Corresponding Item

Sort the following based on the part of the circular flow. Ask yourself the following 3 questions on each statement...

Step 1. Household, firm, or government
Step 2. Resource market, product market, or government to household/firm
Step 3. Is the household, firm or government GIVING OR RECEIVING?

Draggable item		Corresponding Item
The payment of payroll taxes by local households		2
Corporate income tax payments		1
Government salaries paid to school teachers		5
The provision of public schools by local governments		4
Government provision of highways for truck transportation		7
Automobiles bought by the state of Georgia		8
The Bureau of Printing and Engraving expenditures (Spending) on paper		3
The services of a NASA astrophysicists		6

Sort the following based on the part of the circular flow. Ask yourself the following 3 questions on each statement...

Step 1. Household, firm, or government
Step 2. Resource market, product market, or government to household/firm
Step 3. Is the household, firm or government GIVING OR RECEIVING?

The payment of payroll taxes by local households

2

Corporate income tax payments

1

Government salaries paid to school teachers

5

The provision of public schools by local governments

4

Government provision of highways for truck transportation

7

Automobiles bought by the state of Georgia

8

The Bureau of Printing and Engraving expenditures (Spending) on paper

3

The services of a NASA astrophysicists

6

Macro Unit 2.1 CW: Advanced Circular Flow (Matching)

Sort the following based on the part of the circular flow. Ask yourself the following 3 questions on each statement...Step 1. Household, firm, or governmentStep 2. Resource market, product market, or government to household/firmStep 3. Is the household, firm or government GIVING OR RECEIVING?

Sort the following based on the part of the circular flow. Ask yourself the following 3 questions on each statement...

Step 1. Household, firm, or government
Step 2. Resource market, product market, or government to household/firm
Step 3. Is the household, firm or government GIVING OR RECEIVING?