When the loanable funds and foreign exchange markets are in equilibrium,
a. there are no leakages from the circular flow of income.
b. macro equilibrium cannot occur.
c. the leakages from the circular flow will equal the injections into it.
d. injections into the circular flow will exceed leakages from it.
C
You might also like to view...
Answer the next question based on the following data. (These national income figures are in billions of dollars.)Personal consumption expenditures$4,500Consumption of fixed capital150Gross private domestic investment800Government purchases950Exports65Imports85GDP in this economy is ________.
A. $6,230 billion B. $6,380 billion C. $6,080 billion D. $6,400 billion
What is a mortgage? What were the important developments in the mortgage market during the years after 1970?
What will be an ideal response?
Managers can often been seen as solving property right problems
Indicate whether the statement is true or false
Offering discounts to senior citizens is
A. a philanthropic decision. B. peak-level pricing. C. price discrimination. D. an inefficient practice.