Question

Calculate the total leakage if:
Consumer expenditure -70
Investment expenditure-20
Government expenditure -35
Export -20
Import-30
GPT 3.5
Total leakage = Saving + Taxes + Imports
Saving= (Consumer expenditure + Investment expenditure + Government expenditure) - (Consumer expenditure + Investment expenditure)

= (70 + 20 + 35) - (70 + 20)
= 125 - 90
= 35

Taxes= Government Expenditure
= 35

Imports= 30

Total Leakage= Saving + Taxes + Imports
= 35 + 35 + 30
= 100

Therefore, the total leakage is 100.

Related Questions

state the effects of unemployment on the (A)consumers expenditure (b)investment (c)Government expend... In determining the GDP the following are included except for: A. Total consumer expenditure B. T... If a country's consumer expenditure in 2021 was 60 and investment 15 and government spending 30 and... the value of net domestic product is?. if the consumption expenditure is 10 500, government spending...