Which one of the following variables is classified as a leakage in the output-income-spending flow model presented in the text?

Select one:
a. Household saving
b. Household Consumption
c. Income
d. Business Investment

a. Household saving

Economics

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In the table above, if the wage rate is $8.00 per hour, the profit-maximizing number of workers is

A) 1. B) 2. C) 4. D) 5.

Economics

A demand curve for a Giffen good would be

A) upward sloping. B) downward sloping. C) horizontal. D) vertical.

Economics