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Income Quizzes & Trivia

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The circular flow of income is a model established to show the "flow" of income in and out of a country. The circular flow diagram was conveniently established to show this flow in a more constructed manner. Test your...

Questions: 10  |  Attempts: 126   |  Last updated: Jun 27, 2019
  • Sample Question
    Firms in the economy produce goods/services by using inputs like

If you pretend to be knowledgeable about economics, then you would know about the circular flow of income. This is a diagram that shows how income comes in and goes out either on the household scale, the government scale, or the...

Questions: 10  |  Attempts: 115   |  Last updated: Jun 27, 2019
  • Sample Question
    How many models of the circular flow of income exist?

If you were ever attentive in your economics class, then you'd know what a circular flow of income is. We know how hard it is to study sometimes. So use this fun quiz to pass time and to refresh your memory as well.  

Questions: 10  |  Attempts: 128   |  Last updated: Jun 27, 2019
  • Sample Question
    The two primary players in the circular flow model are
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