Circular Flow Flashcards
1
Q
Draw the Circular Flow in your book
A
Look at the Circular Flow sheet to check
2
Q
What are the leakages in the circular flow?
A
The leakages in the circular flow are savings, taxation and imports.
3
Q
What are the injections in the circular flow?
A
The injections in the circular flow are savings, taxation and imports
4
Q
What are the five different sections in the circular flow?
A
The five different sections are: the houshold section, the business section, the finance sector, government sector and the overseas sector.
