Which of the following are leakages from the circular flow of income?

a. Savings, taxes, and imports
b. Investment, government purchases, and exports
c. Investment, taxes and bonds
d. Imports, wages and taxes

A

Economics

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One problem is that in order to spend more,

What will be an ideal response?

Economics

Suppose the government's initial debt is $350 billion and that during the next two years the government runs deficits of $90 and $40 billion

If during the third year the government has a $70 billion surplus, the government's total debt at the end of the three years will be A) $60 billion. B) $200 billion. C) $410 billion. D) $550 billion.

Economics