Intro To Macro

Question 1

Types of leakages

Answer 1

Savings, tax, imports

Question 2

Types of injections

Answer 2

Investments, gov spending

Question 3

O, Y, E

Answer 3

Output = income = expenditure

Question 4

Leakages = injections

Answer 4

S+T+M = I+G+X

Question 5

One mans spending is

Answer 5

Another mans income

Question 6

An equilibrium economy

Answer 6

Y=C+I