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Class 12 · Economics
→In the two-sector model, if household income and firms’ sales are both falling, which vicious cycle is possible?
Class 12 · Economics
→Which option best checks the direction of flows in the product market?
Class 12 · Economics
→Which option is the most advanced test of flow directions in the two-sector model?
Class 12 · Economics
→In the two-sector model, if consumption demand rises but investment falls, what will the final effect depend on?
Class 12 · Economics
→If household saving rises and firms’ investment falls, what will be the most serious effect on the income flow?
Class 12 · Economics
→In the two-sector model, if household consumption expenditure and firms’ investment both rise, which flow may strengthen?
Class 12 · Economics
→In which situation may the dual role of firms weaken in the two-sector model?
Class 12 · Economics
→In which situation may the dual role of households become weaker in the two-sector model?
Class 12 · Economics
→If households make payments but firms do not provide goods, which flow will be unbalanced?
Class 12 · Economics
→If households provide factor services but firms do not pay for them, which flow breaks down?
Class 12 · Economics
→If households receive income but products are not available, which side of the circular flow of income is disturbed?
Class 12 · Economics
→In the two-sector model, if firms produce goods but households do not receive income, why will consumption demand weaken?
Class 12 · Economics
→If firms use labour and entrepreneurial services, which correct pair will appear in household factor income?
Class 12 · Economics
→If firms use both land and capital services, which combined factor rewards can households receive?
Class 12 · Economics
→If firms receive entrepreneurial services from households, what is the correct monetary reward?
Class 12 · Economics
→Which statement incorrectly includes the government sector in the basic two-sector model?
Class 12 · Economics
→Which statement incorrectly adds the foreign sector, and therefore the idea of an open economy, to the two-sector model?
Class 12 · Economics
→In the two-sector model, if saving rises and the financial market is weak, which risk is more likely?
Class 12 · Economics
→If household saving passes through the financial market into firms' investment in the two-sector model, which sequence is correct?
Class 12 · Economics
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