More cards in this set

Card 6

Front

What is an open economy?

Back

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Card 7

Front

What realistically affects the monetary flow?

Back

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Card 8

Front

What do injections into the circular flow of income come in the form of?

Back

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Card 9

Front

What do withdrawals from the circular flow of income come in the form of?

Back

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Card 10

Front

When is the economy in equilibrium?

Back

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Card 11

Front

What happens if injections are greater than withdrawals?

Back

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Card 12

Front

What happens if withdrawals are greater than injections?

Back

Preview of the front of card 12