Circular Flow Chart Quiz Fill in the 6 BLANK spots using the following 5 options: Product Markets Individual Factor Markets Businesses Goods and Services Factors of Production #1 #9 Business Income Outside circle is $ Inside circle is resources #3 # 12 Payments for Resources. Write the words below that fit into each numbered space in the chart. #4 #5 #8 Buy Productive Resources # 10 Consumer Spending #6 Goods & Services #2 #7 # 11 Income from Resources

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Please use vocab to fill in #1-#4, and #5 and #7
Circular Flow Chart Quiz
Fill in the 6 BLANK spots using the following 5 options:
Product Markets Individual Factor Markets
Businesses Goods and Services Factors of Production
#1
#9 Business
Income
#5
Outside circle is $
Inside circle is resources
#8 Buy Productive
Resources
#3
# 12 Payments for
Resources
Write the words below that fit into each numbered space in the chart.
#4
# 10 Consumer Spending
#6 Goods & Services
#2
#7
# 11 Income from
Resources
Transcribed Image Text:Circular Flow Chart Quiz Fill in the 6 BLANK spots using the following 5 options: Product Markets Individual Factor Markets Businesses Goods and Services Factors of Production #1 #9 Business Income #5 Outside circle is $ Inside circle is resources #8 Buy Productive Resources #3 # 12 Payments for Resources Write the words below that fit into each numbered space in the chart. #4 # 10 Consumer Spending #6 Goods & Services #2 #7 # 11 Income from Resources
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