Within the Circular Flow of Income, Injections Comprise

question 35

Multiple Choice

Within the circular flow of income, injections comprise:

• A) government expenditure, investment expenditure and import expenditure
• B) government expenditure, export expenditure and investment expenditure
• C) saving, net taxes and import expenditure
• D) saving, investment and import expenditure

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Definitions:

Institutions

Structures or mechanisms of social order governing the behavior of a set of individuals within a given community.

Civil Society

The realm of organizations, community groups, and networks apart from the government and the business sector, which fosters civic engagement and social cohesion.

Democracy

A governance structure where the entire population or all qualified members of a state participate, usually via elected officials.

Democratic Institutions

Organizations or systems that operate on the principles of democracy, including fair and free elections, representation, and the protection of rights and freedoms.