The figure given below represents the leakages and injections of an economy. Figure 10.6 In Figure 10.6, the economy is in equilibrium at point _____.

Name: The figure given below represents the leakages and injections of an economy. Figure 10.6 In Figure 10.6, the economy is in equilibrium at point _____.
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Question

The figure given below represents the leakages and injections of an economy. Figure 10.6  In Figure 10.6, the economy is in equilibrium at point _____.

Quizplus · Accepted Answer

The economy is in equilibrium at the point where the injections (I) are equal to the leakages (S+T). This occurs at point Q, where the AD (aggregate demand) curve intersects the 45-degree line.

The Figure Given Below Represents the Leakages and Injections of an Economy