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ZIMSEC A-Level Economics

9.1The circular flow of income

The circular flow of income in ZIMSEC A-Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
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Learning objectives

What the syllabus expects you to be able to do.

  1. 9.1.1Explain the flow of national income in closed and open economies.

Lessons

  • The circular flow of income: injections, leakages and equilibrium

    50 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

The circular flow of income: sample question

1 mark

In an open economy (US$ million) saving is 1,350, taxes are 2,100 and imports are 1,050. Calculate total leakages, in US$ million.

Answer in US$ million.

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