Economics 9708 · AS & A Level · Perfect competition

Perfect competition — practice question

Which row gives the correct net leakages in the circular flow of income? (trade surplus (exports - imports); government budget deficit (government spending - taxes); private sector surplus (saving - investment))

  • Atrade surplus: yes; government budget deficit: yes; private sector surplus: no
  • Byes; no; no
  • Cno; yes; yes
  • Dno; no; yes

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