In the circular flow of income and spending in South Africa, factor market becomes market becomes firms in the households in the goods firms. Expenditure by foreigners on South African products households, while the circular flow. constitutes Select one: a. Production of; spending by; production of; income to; a leakage from b. Income to; income to; spending by; spending by; an injection into c. Spending by; income to; spending by; income to; an injection into d. Spending by; spending by; income to; income to; a leakage from e. Income to; spending by; income to; spending by; a leakage from

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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In the circular flow of income and spending in South Africa,
factor market becomes,
market becomes.
firms in the
households in the goods
firms. Expenditure by foreigners on South African products
households, while
constitutes
the circular flow.
Select one:
a. Production of; spending by; production of; income to; a leakage from
b. Income to; income to; spending by; spending by; an injection into
c. Spending by; income to; spending by; income to; an injection into
d. Spending by; spending by; income to; income to; a leakage from
e. Income to; spending by; income to; spending by; a leakage from
Reason:
Transcribed Image Text:In the circular flow of income and spending in South Africa, factor market becomes, market becomes. firms in the households in the goods firms. Expenditure by foreigners on South African products households, while constitutes the circular flow. Select one: a. Production of; spending by; production of; income to; a leakage from b. Income to; income to; spending by; spending by; an injection into c. Spending by; income to; spending by; income to; an injection into d. Spending by; spending by; income to; income to; a leakage from e. Income to; spending by; income to; spending by; a leakage from Reason:
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