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Which statement is true? A. Savings are a leakage in the circular flow of income. B. Households pay wages to businesses. C. Exports are leakages in the circular flow of income. …

Which statement is true? A. Savings are a leakage in the circular flow of income. B. Households pay wages to businesses. C. Exports are leakages in the circular flow of income. …
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4 votes
Which statement is true?

A. Savings are a leakage in the circular flow of income.
B. Households pay wages to businesses.
C. Exports are leakages in the circular flow of income.
D. Taxes paid to the government have no direct effect on the economy.

asked
User Ganpat
by
8.3k points

2 Answers

5 votes

A. Savings are a leakage in the circular flow of income.


answered
User Bensuperpc
by
8.1k points
2 votes

A. Savings are a leakage in the circular flow of income.

answered
User Joao Pincho
by
7.9k points
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