ECS1601 TEST BANK
University of South Africa (Unisa)
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ECS1601 Macroeconomics Test Bank 2022
- Exam (elaborations) • 229 pages • 2022
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ECS1601 Macroeconomics Test Bank 2022 
ECS1601 TEST BANK 
 
Question 1 
 
In the goods market of the circular flow model, …. 
 
1)	firms buy factors of production from consumers 
2)	firms buy finished products from households 
3)	consumers buy factors of production from firms 
4)	firms sell factors of production to the government 
5)	consumers buy finished products from firms The correct alternative is [5]. Explanation 
In the goods market of the circular flow model, consumers receive income i...
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ECS1601 TEST BANK
- Exam (elaborations) • 230 pages • 2021
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ECS1601 TEST BANKECS1601 TEST BANKECS1601 TEST BANK
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Exam (elaborations) TEST BANK Macroeconomics Multiple Questions (with Answers)
- Exam (elaborations) • 303 pages • 2021
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Exam (elaborations) TEST BANK Macroeconomics Multiple Questions (with Answers)
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