Were you paying attention?
What colour was the presentation?
Green
Is this model closed or open?
Closed
Free Points!
What is the title given to our wonderful econ teacher in the PowerPoint?
1ECONBOSS or ECONBOSS
Free Points!
Freeness
Define an Injection.
Name the leakage that was shown at some point in the PowerPoint.
Savings!
Name the 3 sectors in the 3 sector model.
Households, Firms, Government
Can money leave the flow of income?
Yes
What heading did Safara do?
Give an example of a leakage and one of an injection.
LOL!!!
True or False. Households are supplied with the factors of production.
False
What sector is our group doing?
7 Sector
Name the role of each market sector in the 3-sector model.
How many sectors can an economy have? Name the sectors involved.
5
Households, Firms, Government, Foreign Sector, Financial Institutions