CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

The Monopoly Demand Curve

What Are Leak...

Question

What Are Leakages in the Circular Flow?

Open in App

Solution

Leakages are referred to as the non consumption uses of the income and examples of leakage are savings, taxes and imports.

Also read:

Circular Flow of Income and Methods of Calculating National Income

Stay connected with BYJU’S for more such questions and answers on various commerce topics.

Suggest Corrections

thumbs-up

6

Similar questions

Q. With respect to the three sector model of the circular flow of income with the government sector which of the following are included as leakages?

Q. Draw a diagram to show the circular flow of income in a two sector model with leakage and injection.

Q. What are the entities present in an circular flow of income in a simple economy?

Q. What are the different phases of circular flow of income?

Q. What are the three phases of circular flow of income?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

The Monopolist's Problem

ECONOMICS

Watch in App

explore_more_icon

Explore more

The Monopoly Demand Curve

Standard XI Economics

Join BYJU'S Learning Program

CrossIcon