Refer to the information provided in Figure 24.1 below to answer ...

[rl]

Question 1

Refer to the information provided in Figure 24.1 below to answer the question(s) that follow.










Refer to Figure 24.1. Injections = leakages

◦ when income = zero.
◦ when consumption = saving.
◦ at equilibrium.
◦ when output = investment.

Question 2

Refer to the information provided in Figure 24.1 below to answer the question(s) that follow.










Refer to Figure 24.1. At equilibrium, $1,000 billion represents

◦ the part of consumption that is dependent on income.
◦ the part of consumption that is not dependent on income.
◦ equilibrium income.
◦ Both the part of consumption that is dependent on income and the part of consumption that is not dependent on income are correct.

[macmac]

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[rl]

Thanks for the timely response, appreciate it

[ecabral0]

Gracias!