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Macro Economics Flashcards

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GCSE Graphic Products FlashCards sobre Macro Economics Flashcards, criado por Alex Naylor em 20-10-2016.
Alex Naylor
FlashCards por Alex Naylor, atualizado more than 1 year ago
Alex Naylor
Criado por Alex Naylor aproximadamente 8 anos atrás
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Resumo de Recurso

Questão Responda
When is an economy in equilibrium? Rate of injections = Rate of withdrawals
What is a trade surplus When a country's exports > the value of imports. This is a net injection into the circular flow.
What is a trade deficit? When a country's exports < the value of imports. This is a net leakage from the circular flow.

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