When money flows out of the Circular Flow Diagram, the flows are called ___.

Open in App

Solution

Leakages refer to the outflow of money from the CFD.

Suggest Corrections

Similar questions

When money flows out of the Circular Flow Diagram, they are called ___ .

When money flows out of the Circular Flow Diagram, they are called__________________ .

Q25. Consider the following statements:

1. Hot money is the flow of funds (or capital) from one country to another in order to earn a short-term profit.

2. These speculative capital flows are called ‘Hot money’ because they can move very quickly in and out of markets.

Which of the above statements are correct?

Join BYJU'S Learning Program