Which of the following is a leakage from the circular flow of income a. Mr X bought an Indian made television for Rs. 15,000. b. Mr Y bought a second hand T.V from his friend Z. c. Mr A imported a brand new Ferrari car from Germany for Rs 10 lakh. d. Mr B paid Rs 10,000 to his secretary as salary

Which of the following is a leakage from the circular flow of income a. Mr X bought an Indian made television for Rs. 15,000. b. Mr Y bought a second hand T.V from his friend Z. c. Mr A imported a brand new Ferrari car from Germany for Rs 10 lakh. d. Mr B paid Rs 10,000 to his secretary as salary

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter5: Measuring A Nation's Income

Section: Chapter Questions

Problem 12PA

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Question

Which of the following is a leakage from the circular flow of income

Mr X bought an Indian made television for Rs. 15,000.

Mr Y bought a second hand T.V from his friend Z.

Mr A imported a brand new Ferrari car from Germany for Rs 10 lakh.

Mr B paid Rs 10,000 to his secretary as salary

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