Across
- 3. The proportion of an increase in income that is spent on imports
- 4. The proportion of an increase in oncome that is taxed
- 6. Flows out of the circular flow of income comprising savings, tax and imports
- 7. Flows into the circular flow of income comprising investment, governement spending and exports
- 9. Money earned over a period of time
- 10. The knock-on effects of an initial change in injections or withdrawals on national income which cause national income to change by more than the initial change
Down
- 1. The proportion of an increase in income that is saved
- 2. Model which explains what determines the equilibrium levels of national income
- 5. The number of times a change in income exceeds the change in net injections that caused it
- 6. The value of an individual's assests at a point in time
- 8. The proportion of an increase in income that is spent