For a four sector or open economy the condition for equilibrium is

For a four sector or open economy the condition for equilibrium is

Q. For a four sector or open economy the condition for equilibrium is:

  1. Savings + taxes + Imports = Investment + govt, expenditure + exports
  2. Total Leakages = Total Injections
  3. Aggregate output = Aggregate Expenditure
  4. All of these

Answer: All of these

national income mcqs
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