Card 1 of 24
An [ ] is spending entering the circular flow; a [ ] is income not passed on as domestic consumption.
An injection is spending entering the circular flow; a consumption is income not passed on as domestic consumption.
An investment is spending entering the circular flow; a withdrawal/leakage is income not passed on as domestic consumption.
An withdrawal/leakage is spending entering the circular flow; a injection is income not passed on as domestic consumption.
An injection is spending entering the circular flow; a withdrawal/leakage is income not passed on as domestic consumption.
Card 1 of 24
The multiplier and the accelerator Flashcards
24 flashcards on OCR A Level Economics The multiplier and the accelerator: the key terms, economic models and case studies you need to recall for Component 01, Component 02 and Component 03.