Which of the Following Statements Is True Regarding Leakages and Injections

question 30

Multiple Choice

Which of the following statements is true regarding leakages and injections?

• A)Government transfer payments must equal taxes because one is a leakage and the other is an injection.
• B)Imports must equal exports since both are leakages.
• C)Government purchases,investment,and exports are leakages from the circular flow of income and expenditure.
• D)Savings and net taxes are leakages from the circular flow of income and expenditure.
• E)Net taxes are an injection into the circular flow,while exports are a leakage.

Understand the purposes and methods of Maya rituals and ceremonies.

Explain the mechanisms of cultural and iconographic diffusion in ancient American civilizations.

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Definitions:

Federal Government

The national government of a federal state, which holds the central political authority over the collection of states or provinces.

Progressive Taxes

A taxing mechanism where the tax rate increases as the taxable amount grows, resulting in individuals with higher incomes paying a higher percentage of their income in taxes.

Direct Taxes

Taxes levied directly on individuals' or entities' income or wealth, such as income tax and property tax.

Social Security Tax

A tax levied on both employers and employees to fund the Social Security program, which provides benefits to retirees, the disabled, and children of deceased workers.