Leakages refer to the diversion of aggregate income for domestic spending and they include savings, taxes and imports while injections refer to any income other than by firms and any other spending other than by domestic households in the economy and they include investments, government purchases such as transfers and exports
Dana05 answered the question on July 18, 2019 at 19:42
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What are the limitations of macroeconomics
(Solved)
What are the limitations of macroeconomics
Date posted:
July 18, 2019
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Answers (1)
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How does the interest rate affect the prices, demand and yields of bonds
(Solved)
How does the interest rate affect the prices, demand and yields of bonds
Date posted:
July 18, 2019
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Briefly explain the factors affecting option prices
(Solved)
Briefly explain the factors affecting option prices
Date posted:
July 15, 2019
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State and discuss the limitations of Rostow’s five stages of economic development
(Solved)
State and discuss the limitations of Rostow’s five stages of economic development
Date posted:
July 3, 2019
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Answers (1)
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Discuss the characteristics of the fourth stage of development according to Rostow’s five stages of economic development
(Solved)
Discuss the characteristics of the fourth stage of development according to Rostow’s five stages of economic development
Date posted:
July 3, 2019
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Answers (1)
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Discuss the characteristics of the first stage of development according to Rostow’s five stages of economic development
(Solved)
Discuss the characteristics of the first stage of development according to Rostow’s five stages of economic development
Date posted:
July 3, 2019
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Discuss the contribution of Thomas Robert Matthews to the classical theory of economic growth
(Solved)
Discuss the contribution of Thomas Robert Matthews to the classical theory of economic growth
Date posted:
July 3, 2019
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Discuss the contribution of Adam smith to the classical theory of economic growth
(Solved)
Discuss the contribution of Adam smith to the classical theory of economic growth
Date posted:
July 3, 2019
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Kenya is currently experiencing very high level of unemployment among the youth. Explain the causes of youth unemployment and discuss elaborately the policy measures that you...
(Solved)
Kenya is currently experiencing very high level of unemployment among the youth. Explain the causes of youth unemployment and discuss elaborately the policy measures that you would adopt or recommend to government policy makers so as to deal decisively with this problem
Date posted:
June 30, 2019
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Answers (1)
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Briefly outline Karl Marx's critique of the classical system and show why his prediction that the capitalist system was doomed to collapse did not materialize
(Solved)
Briefly outline Karl Marx's critique of the classical system and show why his prediction that the capitalist system was doomed to collapse did not materialize.
Date posted:
April 5, 2019
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State and explain the branches of economics
(Solved)
State and explain the branches of economics.
Date posted:
January 21, 2019
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Differentiate between point and arc elasticity of demand.
(Solved)
Differentiate between point and arc elasticity of demand.
Date posted:
January 16, 2019
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What is the usefulness of the concept of elasticity in economics?
(Solved)
What is the usefulness of the concept of elasticity in economics?
Date posted:
January 16, 2019
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Answers (1)
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Ways through which the government could influence the allocation of resources in a free market economy
(Solved)
Ways through which the government could influence the allocation of resources in a free market economy
Date posted:
December 30, 2018
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Answers (1)
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What is marginal rate of substitution?
(Solved)
What is marginal rate of substitution?
Date posted:
December 13, 2018
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Discuss the free market economy and state the advantages and disadvantages of the economic system
(Solved)
Discuss the free market economy and state the advantages and disadvantages of the economic system
Date posted:
December 8, 2018
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Answers (1)
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Discuss the traditional economy and state the advantages and disadvantages of the economic system
(Solved)
Discuss the traditional economy and state the advantages and disadvantages of the economic system
Date posted:
December 8, 2018
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Answers (1)
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Explain the two branches of Economics and give the difference between the two
(Solved)
Explain the two branches of Economics and give the difference between the two
Date posted:
December 8, 2018
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Answers (1)
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There are four basic ways of measuring the size of the public sector. Name them.
(Solved)
There are four basic ways of measuring the size of the public sector. Name them.
Date posted:
October 18, 2018
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Answers (1)
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Explain the cyclical nature of agricultural production
(Solved)
Explain the cyclical nature of agricultural production
Date posted:
September 30, 2018
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Answers (1)