Answer to Question #284902 in Economics for Bea

Question #284902

Name the three possible leakages out of the circular flow of income and spending in an economy.

Expert's answer

Leakages are the non-consumption uses of income, including saving, taxes, and imports.

Learn more about our help with Assignments: Economics

No comments. Be the first!

Who Can Help Me with My Assignment

There are three certainties in this world: Death, Taxes and Homework Assignments. No matter where you study, and no matter…
How to Finish Assignments When You Can’t

Crunch time is coming, deadlines need to be met, essays need to be submitted, and tests should be studied for.…
How to Effectively Study for a Math Test

Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…