AP MACROECONOMICS UNIT 1 · LABEL THE DIAGRAM
Label the Circular Flow Diagram
Every AP Macro course opens with this diagram — how money, goods, and resources move between households and firms through two markets. Tap a numbered point on the diagram, then tap the word bank term you think matches it.
Tap a numbered point, then tap its matching label in the word bank below.
0 of 8 labeled · 0 mistakes
Word bank
Factors of Production (Labor, Land, Capital)
Wages, Rent, Interest, and Profit
The trap on this diagram: through each market, one flow runs opposite the other — real things (factors of production, goods and services) move one direction, and money (income, spending) moves the other. If you can’t say which of the two arrows through a market is the "real" flow and which is the "money" flow, that’s the exact gap the FRQs are designed to test.
Want the full AP Macroeconomics course?
The full Apidea course includes every AP Macroeconomics unit's vocabulary, FRQ practice, and quizzes, plus progress tracking and more activities beyond what's free here.