A-LevelEconomicsThe macroeconomy9708/12 · May/June 2023 · Q211 Mark

The diagram shows a basic two-sector circular flow of income. [Figure 21.1] What can be concluded about the direction of flows?

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AConsumer expenditure flows anticlockwise.

BGoods and services flow clockwise.

CIncomes flow anticlockwise.

DResources flow anticlockwise.

✓ Correct answer

D: Resources flow anticlockwise.

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Topic: The macroeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, May/June 2023 Paper 1 Variant 2, question 21.

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