Multiple Choice
What is meant by the term the marginal leakage rate?
A) Total leakages as a fraction of aggregate expenditures.
B) Total leakages as a fraction of the level of income.
C) The ratio of change in income that results from a change in leakages.
D) The ratio of change in leakages that results from a change in income.
Correct Answer:

Verified
Correct Answer:
Verified
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