When the loanable funds and foreign exchange markets are in equilibrium,
a. there are no leakages from the circular flow of income.
b. macro equilibrium cannot occur.
c. the leakages from the circular flow will equal the injections into it.
d. injections into the circular flow will exceed leakages from it.
C
Economics
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Refer to the scenario above. The total value in your account, at the end of a year, is equal to:
A) $520. B) $525. C) $550.50. D) $572.
Economics
In the circular flow model, firms purchase in the
a. money market and sell in the product market b. product market and sell in the resource market c. resource market and sell in the money market d. product market and sell in the product market e. resource market and sell in the product market
Economics