Artifact 1- Circular Flow Model

Artifact 1- Circular Flow Model

30 Responses | Created by kbosman |
  1. 1

    GDP is

  2. 2

    Many new technologies and inventions reduce the costs of production.

  3. 3

    Producers discover new sources of energy and other natural resources.

  4. 4

    New laws encourage people to invest in new businesses.

  5. 5

    Many workers strike and refuse to produce goods and services.

  6. 6

    The flow of money measures the flow of goods and services.

  7. 7

    GDP counts only do-it-yourself jobs, money spent, and illegal activites.

  8. 8

    The circular flow measures the flow of goods, services and resources between producers and consumers.

  9. 9

    There are 3 circular flow models

  10. 10

    I think that Kara made a great quiz for artifact #1

Similar Quizzes

Users Also Took

Rating

0 votes
Take this first to vote!

Add to Favorites

Tags

© 2012 Miva AK, Inc.