Question:
What does the Economy being in -Equilibrium -Injections Greater -Withdrawals Greater
Author: eric_galvaoAnswer:
-Economy in Equilibrium means Injections = Withdrawals -More Injections can lead to greater Expenditure compared to Output, so Firms will Increase Output leading to an Increase in National Output, Income & Expenditure [And thus Economic Growth] -More Withdrawals can lead to Output being Greater than Expenditure [Domestic Demand plummets] leading to less Output. National Output, Income & Expenditure will Fall
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