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

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Solution

Leakages refer to the outflow of money from the CFD.

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

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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?

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