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What components are considered Injections into the circular flow?
Increased government spending (G)
Increased investment (I)
Increased exports (X)
What components are considered Leakages into the circular flow?
Increased savings by households (S)
Increased taxation by the government (T)
Increased import purchases (M)
What does it lead to if Injections>Withdrawals?
Economic Growth and Increase in National Income
Visa Versa
What is a usual result of a decrease in savings?
An increase in consumption