Which of the following is a leakages from the circular flow?
a. Household saving and government spending
b. Business investment and household saving
c. Net taxes and household saving
d. Government spending and business investment
e. Net taxes and government spending
C
You might also like to view...
Refer to Game Matrix I. If this game is played sequentially with Player A choosing first, the Stackelberg equilibrium is
a. the upper left-hand corner.
b. the upper right-hand corner.
c. the lower left-hand corner.
d. the lower right-hand corner.
Most doctors are employed by the government and most hospitals are owned by the government in
A) Canada. B) Japan. C) the United Kingdom. D) the United States.
A consumer or producer who does not pay for use of a nonexclusive good but expects others to pay is known as a:
A) free rider. B) price setter. C) fringe element. D) none of the above
At higher rates of output, the per-unit cost of producing additional output increases
Indicate whether the statement is true or false