In the simplified circular flow diagram, leakage can occur when consumers save some income.
Correct Answer:
Verified
Q39: Coordination failures can exist in both capitalist
Q40: If inventories are being depleted, firms may
Q41: When businesses are cutting back production, then
Q42: Government spending and private sector funding toward
Q43: Workers in a nearby pizza restaurant may
Q45: One of the primary functions of markets
Q46: Total output equals total income
A)in the income-expenditures
Q47: Economists are very good at explaining how
Q48: The main examples of macroeconomic coordination failures
Q49: If inventory levels are decreasing, then we
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents