1. UNISA
2. 2024
3. ECS1601-24-Y
4. Online assessments
5. Assessment 1
QUIZ
Assessment 1
Open course index
Started on Thursday, 16 May 2024, 7:10 PM
State Finished
Completed on Thursday, 16 May 2024, 8:31 PM
Time taken 1 hour 21 mins
Marks 15.00/16.00
Grade 93.75 out of 100.00
Question 1
Complete
Mark 1.00 out of 1.00
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Question text
Which of the following statements is/are incorrect in explaining the tax being treated as
leakage in the circular flow of income between household and firms?
a) Tax is the part of income that is received by households but then paid to government.
b) Tax is taken out of the circular flow of income.
c) Households can spend it on goods and services.
d) Tax is an amount that is withdrawn or leaked from the circular flow of income.
a.
b only
b.
a, b and c
c.
b and c
d.
c only
e.
b, c and d
Feedback
2. 2024
3. ECS1601-24-Y
4. Online assessments
5. Assessment 1
QUIZ
Assessment 1
Open course index
Started on Thursday, 16 May 2024, 7:10 PM
State Finished
Completed on Thursday, 16 May 2024, 8:31 PM
Time taken 1 hour 21 mins
Marks 15.00/16.00
Grade 93.75 out of 100.00
Question 1
Complete
Mark 1.00 out of 1.00
Flag question
Question text
Which of the following statements is/are incorrect in explaining the tax being treated as
leakage in the circular flow of income between household and firms?
a) Tax is the part of income that is received by households but then paid to government.
b) Tax is taken out of the circular flow of income.
c) Households can spend it on goods and services.
d) Tax is an amount that is withdrawn or leaked from the circular flow of income.
a.
b only
b.
a, b and c
c.
b and c
d.
c only
e.
b, c and d
Feedback
