1. The 'flow' in the circular flow model is the flow of money.

a. True

b. False

2. Consumption and fixed investment are two elements of expenditure.

a. True

b. False

3. Regarding the circular flow, saving is ________ and imports are ________.

a. an injection; an injection

b. an injection; a leakage

c. a leakage; an injection

d. a leakage; a leakage

4. Unemployment compensation does not enter the circular flow as a transfer payment that is included in net taxes.

a. True

b. False

5. Which of the following is a flow into the financial sector?

a. Saving

b. Net taxes

c. Investment

d. Imports

6. The payment of taxes is a leakage from the circular flow.

a. True

b. False