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Circular flow of income

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Question 5

What is the primary role of households as economic agents in a free market economy?

A

To produce and supply consumer goods and services

B

To regulate market prices and control inflation

C

To demand goods and services and supply factors of production

D

To distribute subsidies and transfer payments to firms

Markscheme

Circular flow of income Questions

  1. A Level
  2. /Economics
  3. /Circular flow of income

14 exam-style questions on OCR A Level Economics Circular flow of income. Each one has a worked solution and a mark scheme showing where the marks go.

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