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The circular flow of income: AQA A‑Level Economics questions

Every AQA A-Level Economics exam question on 4.2.2.1 The circular flow of income, 2020–2025, with its mark scheme and examiner’s report.

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686 questions

  1. Q03

    June 2025 · AS Paper 2

    The whole paper ↗
    June 2025 AS Paper 2, question 03: In a particular year, the rate of inflation in an economy was 2% and real national income rose by 6%. What was the approximate increase in the economy’s nominal
  2. Q10

    June 2025 · AS Paper 2

    The whole paper ↗
    June 2025 AS Paper 2, question 10: Which one of the following combinations consists only of injections into the circular flow of income? [1 mark] A Consumption, bank loans, investment B Exports,
  3. Q07

    June 2024 · Paper 3

    The whole paper ↗
    June 2024 Paper 3, question 07: Which one of the following is an injection into the circular flow of income? [1 mark] A Factor incomes B Government borrowing C Investment D Savings
  4. Q03

    June 2024 · AS Paper 2

    The whole paper ↗
    June 2024 AS Paper 2, question 03: Table 1 shows selected data for a country for 2022 and 2023. Table 1 2022 2023 Exports ($bn) 10 12 Government spending ($bn) 12 14 Investment ($bn) 40 38 The co
  5. Q05

    June 2023 · Paper 3

    The whole paper ↗
    June 2023 Paper 3, question 05: Figure 2 shows the injections into and withdrawals from the circular flow of income of an economy which is in macroeconomic equilibrium. Figure 2 In the economy
  6. Q01

    June 2023 · AS Paper 2

    The whole paper ↗
    June 2023 AS Paper 2, question 01: Which one of the following is an injection into the circular flow of income? [1 mark] A Consumer expenditure B Exports C Imports D Wages
  7. Q06

    June 2023 · AS Paper 2

    The whole paper ↗
    June 2023 AS Paper 2, question 06: Table 2 shows the components of a country’s national income in 2021. Table 2 £bn Consumer expenditure 22 Investment 10 Government expenditure 8 Exports 11 Impor
  8. Q08

    June 2022 · AS Paper 2

    The whole paper ↗
    June 2022 AS Paper 2, question 08: Nominal GDP for an economy fell from £318 billion to £310 billion. Average prices also fell over the same period. It can be concluded that A deflation resulted
  9. June 2022 AS Paper 2, question 30: Extract E (line 15) states: ‘Government spending acts as an injection into the circular flow of income’. Draw an AD/AS diagram to show the effect of an increase
  10. Q03

    November 2020 · Paper 3

    The whole paper ↗
    November 2020 Paper 3, question 03: Table 1 contains data for the rates of growth of nominal and real GDP and the rate of inflation for an economy in a given year. Which one of the following combi
All 10 questions on The circular flow of income, as a list
  1. June 2025, AS Paper 2, Q03 (1 mark): In a particular year, the rate of inflation in an economy was 2% and real national income rose by 6%. What was the approximate increase in the economy’s nominal
  2. June 2025, AS Paper 2, Q10 (1 mark): Which one of the following combinations consists only of injections into the circular flow of income? [1 mark] A Consumption, bank loans, investment B Exports,
  3. June 2024, Paper 3, Q07 (1 mark): Which one of the following is an injection into the circular flow of income? [1 mark] A Factor incomes B Government borrowing C Investment D Savings
  4. June 2024, AS Paper 2, Q03 (1 mark): Table 1 shows selected data for a country for 2022 and 2023. Table 1 2022 2023 Exports ($bn) 10 12 Government spending ($bn) 12 14 Investment ($bn) 40 38 The co
  5. June 2023, Paper 3, Q05 (1 mark): Figure 2 shows the injections into and withdrawals from the circular flow of income of an economy which is in macroeconomic equilibrium. Figure 2 In the economy
  6. June 2023, AS Paper 2, Q01 (1 mark): Which one of the following is an injection into the circular flow of income? [1 mark] A Consumer expenditure B Exports C Imports D Wages
  7. June 2023, AS Paper 2, Q06 (1 mark): Table 2 shows the components of a country’s national income in 2021. Table 2 £bn Consumer expenditure 22 Investment 10 Government expenditure 8 Exports 11 Impor
  8. June 2022, AS Paper 2, Q08 (1 mark): Nominal GDP for an economy fell from £318 billion to £310 billion. Average prices also fell over the same period. It can be concluded that A deflation resulted
  9. June 2022, AS Paper 2, Q30 (4 marks): Extract E (line 15) states: ‘Government spending acts as an injection into the circular flow of income’. Draw an AD/AS diagram to show the effect of an increase
  10. November 2020, Paper 3, Q03 (1 mark): Table 1 contains data for the rates of growth of nominal and real GDP and the rate of inflation for an economy in a given year. Which one of the following combi

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