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Quotes of the day:
It is especially important to encourage unorthodox thinking when the situation is critical At such moments every new word and fresh thought is more precious than gold. Indeed, people must not be deprived of the right to think their own thoughts.
Leakage refers to capital or income that exits an economy or system rather than remaining within it. In economics, the term refers to the outflow from a circular flow of income model. In a two-sector model exhibiting a circular flow, all individual income is sent back to employers when goods and services are purchased, and back to employees through wages and dividends. This cycle creates a system without leakage.
A Level Economics - Injections & Leakages
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