3. Economic Indicators and the Business Cycle

The Circular Flow And Gdp — Quiz

Test your understanding of the circular flow and gdp with 5 practice questions.

Practice Questions

Question 1

What does GDP measure?

Question 2

In the circular flow model, which two groups are the main decision makers?

Question 3

Which of the following is counted in GDP?

Question 4

What is one reason GDP includes only final goods and services?

Question 5

In the circular flow model, what do households provide to firms?