Which of the Following Are Examples of Leakages

question 126

Multiple Choice

Which of the following are examples of leakages?

• A) government purchases,net taxes and imports
• B) government purchases,exports and investment spending
• C) net taxes,household saving and imports
• D) net taxes,investment spending and exports
• E) net exports,investment spending and net taxes

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Definitions:

Merchantability

An implied warranty that a product will meet reasonable expectations of quality and usability for the purpose it was sold for.

Express Warranty

A statement by a seller about the quality, condition, or performance of a product that forms part of the contractual agreement between the buyer and seller.

Super Store

A large retail establishment offering a wide variety of goods, often at lower prices, under one roof.

Injury

Physical harm or damage to a person's body, often resulting from accidents or violence.