To expand the level of economic activity,it is necessary that
A) Total leakages exceed total injections
B) Government expenditures exceed tax collections
C) Total injections exceed total leakages
D) Imports exceed exports
E) (c) and (d) above
Correct Answer:
Verified
Q40: Which of the following best describes when
Q41: A trade deficit will occur in an
Q42: Investment spending is sensitive to
A)Interest rates
B)Expectations by
Q43: The Phillips curve depicts the relationship between
A)Output
Q44: Injections in the circular flow consist of
A)Savings,exports,and
Q46: The aggregate demand curve will shift to
Q47: The Following Questions Refer to the graph
Q48: Leakages in the circular flow consist of
A)Savings,taxes,and
Q49: Aggregate supply can be increased by
A)Reduced incentives
Q50: The marginal propensity to consume is
A)Consumption divided
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