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Income Quizzes & Trivia

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As the name implies, the circular flow of income is a chart like structure which represents the income of a household, a city, or even a whole country. As its name implies, it looks like a circle. Let's test your knowledge on...

Questions: 10  |  Attempts: 121   |  Last updated: Jun 27, 2019
  • Sample Question
    The flows of money and services run in….

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

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

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