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Define injections and withdrawals.
"The inflows in circular flow of income are known as injections". Investment, government spending and exports are there in injections "The outflows in circular flow of income are known as withdrawals". Savings, imports and taxes are included in withdrawals.
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Consider what would happen if a taxes of 10000$ was imposed on imported automobiles on dealers.Using a demand and supply diagram, show its impact of price and quantity. Suppose the
Consumer Choice * Decision making & Public Policy - Selecting from a non matching and matching grant to fund police expenditures
Ask question # how do you formulate a demand and supply equations when you a table of prices, quantity demanded and supplied?
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