For a four sector or open economy the condition for equilibrium is:
A. Savings + taxes + Imports = Investment + govt, expenditure + exports
B. Total Leakages = Total Injections
C. Aggregate output = Aggregate Expenditure
D. All of these
Answer:D
For a four sector or open economy the condition for equilibrium is:
A. Savings + taxes + Imports = Investment + govt, expenditure + exports B. Total Leakages = Total Injections C. Aggregate output = Aggregate Expenditure D. All of these