The following table shows various elements in a country's circular flow of income (where government expenditure and investment include only the amount spent in the domestic economy: i.e. excluding any imported component).
Flows in the economy | (£m) |
Saving | 400 |
Consumption of domestic goods and service | 1650 |
Government expenditure | 1000 |
Income tax revenue | 850 |
Indirect tax revenue | 575 |
Import expenditure | 700 |
Export expenditure | 850 |
Investment | 675 |
What is the level of aggregate demand?
◦ £4175m
◦ £6700m
◦ £2325m
◦ £2525m