If leakages are less than injections, ceteris paribus:

(a) National income will increase.
(b) National income will decrease.
(c) National income will stay in equilibrium.
(d) None of the above.


Answer: (a) National income will increase.

Economics

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A. buy and add more to its dollar reserves B. encourage the British to import more U.S. products C. sell pounds in exchange for U.S. dollars D. sell some of its dollar reserves

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A) fall in the country's GDP B) fall in the country's consumer price index C) fall in the country's GNP D) fall in the country's income per worker

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Economics