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26 December, 17:54

Match each economic activity with the correct economic term.

receiving $5 for washing

your father's car

leakage in the US economy

paying part of your income to

the government

injection in the US economy

a person in China purchasing an

American mobile phone

taxation

a person in the United States

purchasing a car made in Germany

incentive

Pairs

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Answers (1)
  1. 26 December, 18:09
    0
    Correct matches

    receiving $5 for washing your father’s car (incentive)

    leakage in the US economy (a person in the United States purchasing a car made in Germany)

    paying part of your income to the government (taxation)

    injection in the US economy (a person in China purchasing an

    American mobile phone)

    $5 is an incentive because it motivates.

    Tax is a proportion of income paid to the government in a progressive rate. (

    When a person in the US buy outside, he reduces the flow of income (leakage). When someone buys inside he introduces an income (injection in the economy).
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