DP Economics Questionbank
The circular flow of income model
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Description
[N/A]Directly related questions
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21M.1.SL.TZ1.3a:
Explain how the size of the circular flow of income in an economy is likely to be affected by a decrease in the rate of interest.
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21N.3.HL.TZ0.3i:
Calculate the total welfare loss resulting from the imposition of the tariff on chia seeds.
- 18N.1.SL.TZ0.4a: Explain how an increase in leakages can affect the size of the circular flow of income.
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18N.3.HL.TZ0.3e.i:
Identify the term represented in Figure 4 by the letter V.
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18N.3.HL.TZ0.3h:
Determine the size of the budget surplus/deficit and state which using Figure 4.
- 18N.3.HL.TZ0.3g: Define the term leakages.
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18N.3.HL.TZ0.3e.ii:
Identify the term represented in Figure 4 by the letter M.
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18N.3.HL.TZ0.3f:
State the four factor payments which constitute the income flow in the circular flow of income model.
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19M.2.HL.TZ0.4a.i:
Define the term investment indicated in bold in the text (paragraph [2]).
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19N.1.HL.TZ0.3a:
Explain the impact that a cut in taxation and an increase in government spending might have on the circular flow of income.
