2.4.2 Injections and withdrawals Flashcards
1
Q
Injections
A
variables in an economy that add to the circular flow of income.
Includes:
•(I) investment
•(G) government spending
•(X) exports
2
Q
Withdrawals
A
variables in an economy that remove money flows from the circular flow of income
Includes:
•(S) savings
•(T) government taxation
•(M) imports