Multiple Choice
Which of the following is true of leakages and injections in the circular flow model?
A) Leakages minus injections equal gross domestic product (GDP) .
B) Injections minus leakages equal gross domestic product (GDP) .
C) Leakages minus injections equal zero in equilibrium.
D) Leakages must be less than injections for an economy to be in equilibrium.
E) Leakages must be greater than injections for an economy to be growing.
Correct Answer:

Verified
Correct Answer:
Verified
Q9: If the nominal gross domestic product (GDP)for
Q10: We can conclude that there has been
Q11: Which of the following is included as
Q12: The table below shows the price
Q13: Which of the following correctly illustrates the
Q15: Suppose the real gross domestic product (GDP)equals
Q16: The table below shows the price
Q17: An increase in household production will increase
Q18: A chain-weighted index recognizes the fact that
Q19: Which of the following is an example