Monday, 24 March 2014

total leakages and total injections

  1. Why do total leakages and total injections have to be equal?
  2. Why does investment spending not equal saving in the circular flow?
  3. Discuss what is, and what is not, included in calculating GDP.
  4. Discuss the limitations of national income accounting.
  5. Why do total leakages and total injections have to be equal?

Your response should be at least 75 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.


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