Added expenditures in the circular flow that are not paid for out of domestic resource income are known as

a. leakages.
b. injections.
c. imports.
d. infusions.


b. injections.

Economics

You might also like to view...

Marvin loves chocolate truffles. As the price of a chocolate truffle increases from $1 to $2 to $3, Marvin continues to buy a dozen chocolate truffles every week. Marvin's demand for chocolate truffles is ________

A) elastic B) unit elastic C) illustrated by a horizontal demand curve D) perfectly inelastic

Economics

With barriers to the entry of new firms

A) a cartel is guaranteed to earn an economic profit greater than zero. B) a cartel's members have no incentive to cheat. C) the cartel will likely earn an economic profit greater than zero. D) industry supply will expand if the firms form a cartel.

Economics

In your environmental economics study group, a friend argues that using taxes to control pollution is not efficient because, even with taxes, a positive amount of pollution is still produced. Do you agree?

What will be an ideal response?

Economics

Restaurants and retail stores often give 10% senior citizen discounts. Use the concept of elasticity to explain how this can be profit maximizing behavior.

What will be an ideal response?

Economics