In the Circular Flow Model,injections and Leakages Are Associated with

question 49

Multiple Choice

In the circular flow model,injections and leakages are associated with

• A)saving and investment.
• B)consumption and investment.
• C)realized investment and desired investment.
• D)saving and taxes.

---

Definitions:

Assumption of Risk

A legal doctrine that holds an individual to assume the risk of any harm arising from a dangerous activity they voluntarily participate in, limiting liability for the party offering the activity.

Contributory Negligence

A legal principle where the plaintiff's own negligence played a role in the harm they suffered, which can limit or prevent recovery from the defendant.

Privity

A legal doctrine ensuring that contracts are only enforceable by and against parties that are directly involved in the agreement.

Tort Theory

A framework in legal theory that addresses compensation for wrongs and harms caused by one party to another.