Circular Flow Of Incoms Flashcards

1
Q

Injections within the circular flow

A

Investment
Govt spending
Exports

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2
Q

Leakages within the circular flow

A

Taxes
Savings
Imports

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3
Q

Measuring national output expenditure and income

A

GDP

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4
Q

Aggreagate supply

A

Total value of goods and services produced in an economy

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