coutcome2答案.docVIP

Assessment task 2 Outcome(s) covered 2 Suggested solution and making an assessment decision Question 1 A circular flow diagram clearly identifying the following in their correct places: Firms: Households: Markets for factors of production: Land, labour, capital and wages, rent, profit and income. Question 2 Injections: Investment Government spending Exports Withdrawals: Savings Taxation Imports Appropriate examples: Investments: New factory being built 【built a new private enterprise (grow)】 Government spending: New hospital being built (not PFI or PPP)【built public