Economics 9708 · AS & A Level · Aggregate demand and aggregate supply

Aggregate demand and aggregate supply — practice question

The table gives the amounts for the components of an economy’s circular flow of income. component value $m government spending 6 exports 8 investment 9 imports 7 saving 10 tax 5 What conclusion can be drawn about the economy from these figures?

  • AIt has a budget surplus.
  • BIt has a trade deficit.
  • CIt is a mixed, open economy.
  • DIts circular flow is in equilibrium.

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