Suppose in an economy, saving = $430; investment = $215; government spending = $688; taxes = $192; imports = $267; exports = $242. Which of the following statements is true in the light of the %3D %3D %3D %3D given information? O Total injections exceed total leakages by $632. O Total injections exceed total leakages by $256. O The economy will be in equilibrium, because leakages equal injections. Total injections exceed total leakages by $686. O Total injections exceed total leakages by $306.

Suppose in an economy, saving = $430; investment = $215; government spending = $688; taxes = $192; imports = $267; exports = $242. Which of the following statements is true in the light of the %3D %3D %3D %3D given information? O Total injections exceed total leakages by $632. O Total injections exceed total leakages by $256. O The economy will be in equilibrium, because leakages equal injections. Total injections exceed total leakages by $686. O Total injections exceed total leakages by $306.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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