The Table Given Below Shows the Levels of National Income

question 50

Multiple Choice

The table given below shows the levels of national income (Y) and the corresponding levels of saving (S) , investment (I) , export (X) , and import (M) of an open economy. Table 10.2
Consider the economy described in Table 10.2.Calculate the value of leakages from the economy when the economy is in equilibrium.

• A)$770
• B)$720
• C)$790
• D)$600
• E)$410

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Definitions:

Spanish Atrocities

Acts of cruelty and violence perpetrated by the Spanish during their conquests and colonial rule, particularly against indigenous peoples in the Americas.

American Press

Refers to the media outlets, including newspapers, magazines, and digital content providers, that operate within the United States.

Sugar Industry

Refers to the sector of the economy that deals with the production, processing, and distribution of sugar.

Quintin Bandera

A notable figure in the Cuban War of Independence, recognized for his bravery and leadership in the struggle against Spanish colonial rule.