In the circular flow we would expect leakages to ___________ injections?

Related Mcqs:

Nominal GNP measures income ?

A. At the present time B. corrected for tax changes C. corrected for changes in interest rates D. At current prices...

Real GNP is a crude measure of national welfare because it excludes ?

A. consumption B. investment C. exports D. work in the home...

Higher export demand __________ output and a higher MPZ __________ output?

A. reduces, reduces B. reduces, increase C. increase, reduces D. increases, increases...

When we refer to the hidden economy we mean unrecorded income owing to ?

A. tax evasion B. poor statistics C. the lags between statistical collection and publication D. smuggling...

Short-run equilibrium output means that aggregate demand __________ actual output?

A. is less than B. equals C. is greater than D. fluctuates around...