Card 1 of 20
Equilibrium national income occurs when [ ].
A
total leakages exceed total injections
B
planned spending equals total output
C
total injections equal total leakages
D
total injections exceed total leakages
Card 1 of 20
4.2.3 equilibrium and disequilibrium (marginal and average propensities not required) Flashcards
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.