Injections • • • • Investment (I) Government expenditure(G) Export expenditure(X) J=I+G+X Sloman, J., and Jones, E. (2011) Economics and the Business Environment, 3rd Ed., Harlow, Pearson. Withdrawals • Net saving(S):Saving is income that households choose not to spend but no to put aside for the future. • Net taxes(T):When people pay taxes(to either central or local government),this represents a withdrawal of money from the inner flow in much the same way as saving, only in this case people have…
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