(a)[12]
Distinguish between leakages and injections in the circular flow of income, and explore how they may be connected.
(b)[13]
Critically evaluate a central bank’s use of interest rates to raise injections into an economy.
Economics 9708 · AS & A Level · Perfect competition
Distinguish between leakages and injections in the circular flow of income, and explore how they may be connected.
Critically evaluate a central bank’s use of interest rates to raise injections into an economy.