... are things that economic agents do with their incomes that result in taking money out of the circular flow of income. E.g Taxes, Imports and Savings
Withdrawals
1 of 10
... are things that outside economic agents do with their incomes that result in bringing more money into the circular flow of income. E.g Government Spending, Exports and Investment
Injections
2 of 10
If the total sum of injections is greater than the total sum of withdrawals, then ... money will be flowing into the economy
More
3 of 10
If the total sum of withdrawals is greater than the total sum of injections, then there will be ... money flowing into the economy
Less
4 of 10
... are withdrawals because people don't spend there money, meaning they keep it in ... accounts which means less money is in the economy
Savings
5 of 10
... are injections because more money is put into the economy to increase production
Investments
6 of 10
... are withdrawals because a proportion of income into the economy is taken out and given to the government meaning its not in the circular flow
Taxes
7 of 10
... is an injection because it is the money that the ... puts into the economy to provide goods and services such as roads and education
Government Spending
8 of 10
... are withdrawals because they spend money for goods which are ... and brought into the economy
Imports
9 of 10
... are injections because money is brought into the economy even though goods are taken out of it
Exports
10 of 10
Other cards in this set
Card 2
Front
... are things that outside economic agents do with their incomes that result in bringing more money into the circular flow of income. E.g Government Spending, Exports and Investment
Back
Injections
Card 3
Front
If the total sum of injections is greater than the total sum of withdrawals, then ... money will be flowing into the economy
Back
Card 4
Front
If the total sum of withdrawals is greater than the total sum of injections, then there will be ... money flowing into the economy
Back
Card 5
Front
... are withdrawals because people don't spend there money, meaning they keep it in ... accounts which means less money is in the economy
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