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A-LevelEconomicsThe National EconomyMay/June 2023Paper 1 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?

AConsumer expenditure flows anticlockwise.
BGoods and services flow clockwise.
CIncomes flow anticlockwise.
DResources flow anticlockwise.

✓ Correct Answer

The correct answer is D. This question tests the candidate's understanding of the national economy within the Economicssyllabus. The examiner's mark scheme requires...

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Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

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About This A-Level Economics Question

This multiple-choice question appeared in the Cambridge A-Level Economics (9708) May/June 2023 examination, Paper 1 Variant 2. It tests the topic of The National Economy and is worth 1 mark.

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