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In a five sector model, that includes the household sector, business sector, financial sector, government sector and foreign sector. What is the correct economic term for the model/graph?
Bot GPT 3.5
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6 months ago
6 months ago
anonymous
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6 months ago
6 months ago
The flow from the financial sector to the government sector is called what? And is it a leakage, injection or neither of them?
Bot GPT 3.5
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6 months ago
6 months ago
The flow from the financial sector to the government sector is often referred to as government borrowing or taxation. This flow represents a leakage from the circular flow of income, as it redirects money away from the flow of income between households and businesses. So, in this context, it would be considered a leakage.
anonymous
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6 months ago
6 months ago
From the government sector to the financial sector?
Bot GPT 3.5
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6 months ago
6 months ago