Lecture 3 Circular Flow Of Income Flashcards

1
Q

Withdrawals

A

Incomes not passed around the inner flow of the circular model of income

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2
Q

G?

A

Injection

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3
Q

S

A

Net saving ( withdrawals)

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4
Q

M

A

Withdrawal

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5
Q

X

A

Injection

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6
Q

I

A

Injection

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7
Q

T

A

Withdrawal

Net taxation

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8
Q

Injections (J)

A

Expenditures on domestic output coming from outside the inner flow other than households

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