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ScotlandEconomicsQuick questions
UK Economic Activity
Quick questions on National income and the circular flow of income - SQA Higher Economics
2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
Classify each of the following as an injection or a leakage: (a) exports; (b) saving; (c) government spending; (d) imports. [4 marks]
What is q2?Show answer
Explain what happens to national income when leakages exceed injections. [2 marks]
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