Which of the Following Is a Leakage from the Circular

question 20

Multiple Choice

Which of the following is a leakage from the circular flow?

• A)government purchases of goods and services
• B)taxes
• C)investment
• D)exports
• E)consumption expenditures

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Definitions:

Liability

The state of being responsible for something, especially by law, including debts or legal obligations.

Limited Liability Partnership

A partnership in which some or all partners have limited liabilities, protecting them from personal responsibility for the debts of the business.

Registered

Denotes something that has been officially recorded or listed in a public registry or database, such as a trademark or a company.

Statutorily Required Filing

The obligation to submit official documents or information to a government agency as mandated by law.