An Addition of Spending to the Circular Flow of Income

question 24

Multiple Choice

An addition of spending to the circular flow of income is

• A)An injection.
• B)A leakage.
• C)A surplus.
• D)Household taxes.

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Definitions:

Edit Preferences

The action or process of changing settings or options within a software or system to match user requirements.

Sales on Account

Transactions where goods or services are sold and payment is agreed to be made at a later date.

Make Deposits

The process of putting money into a financial account, which can include cash, checks, or electronic transfers.

Vendors List

A list in accounting or business software that contains details about suppliers and vendors from whom a company purchases goods or services.