In the circular flow of income model the outflo... - JAMB Economics 2007 Question
In the circular flow of income model, the outflow variables represent
A
Income
B
Expenditure
C
Injections
D
Leakages
correct option: d
The outflow of income from the CFI is called leakages.
Leakages take the form of :
Savings
Taxes
Import
Leakages take the form of :
Savings
Taxes
Import
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