Define injections and withdrawals, Microeconomics

Define injections and withdrawals. 

 "The inflows in circular flow of income are known as injections". Investment, government spending and exports are there in injections "The outflows in circular flow of income are known as withdrawals". Savings, imports and taxes are included in withdrawals. 

 

Posted Date: 8/1/2013 6:49:47 AM | Location : United States







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