All of the following are leakages from the circular flow model except(1 Point)SavingsExportsTaxationImports
Question
All of the following are leakages from the circular flow model except(1 Point)SavingsExportsTaxationImports
Solution
Imports
Similar Questions
All of the following are leakages from the circular flow model except
________________ is NOT a leakage from the circular flow of income and expenditure.a.Importsb.Government purchasesc.Taxes net of government transfersd.SavingClear my choice
All of the following are injections into the 5 sector circular flow diagram except:(1 Point)ExportsFinancial InvestmentTaxesGovernment Spending
In the circular flow model, which part of the economy would provide materials to businesses?A.HouseholdsB.Resource marketsC.BusinessesD.Product marketsSUBMITarrow_backPREVIOUS
Which of the following is a limitation of the simple circular flow model?Multiple Choiceproduct markets are ignored.resource markets are ignored.The determination of product and resource prices is not explained.households are included, but not businesses.
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.