Multiple Choice
Which of the following is true of leakages and injections in the circular-flow model?
A) Leakages minus injections equals gross domestic product (GDP) .
B) Injections minus leakages equals gross domestic product (GDP.
C) Leakages minus injections equals 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
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