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Card 1 of 20

Equilibrium national income occurs when [     ].

A

total injections exceed total leakages

B

total injections equal total leakages

C

planned spending equals total output

D

total leakages exceed total injections

Card 1 of 20

4.2.3 equilibrium and disequilibrium (marginal and average propensities not required) Flashcards

  1. Intl A Level
  2. /Economics
  3. /4.2.3 equilibrium and disequilibrium (marginal and average propensities not required)

20 flashcards on CIE Intl A Level Economics 4.2.3 equilibrium and disequilibrium (marginal and average propensities not required): the key terms and definitions you need to recall.

Flashcards