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Questions
What is meant by injection?
What is an injection?
Very Short Answer
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Solution
Injection refers to an amount of money that is added to the circular flow of income in the economy. It is an exogenous addition to the income of firms or households that increases the overall flow of income. Injections serve to expand the level of income in the economy.
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Chapter 18: National Income and Circular Flow of Income - TEST YOURSELF QUESTIONS [Page 362]
