2.4.1 National Income

Question 1

Withdrawal of income

Answer 1

Saving income
Taxes
Imports

Question 2

Injection

Answer 2

Investing money into the economy
Government spending on public and merit goods
Exports

Question 3

Economy equilibrium

Answer 3

Rate of withdrawals= the rate of injections

Question 4

Flow of money

Answer 4

Income
Goes to the factors of production

Question 5

Stock of assets

Answer 5

Wealth
Savings, property shares bonds and pension schemes