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IceJOKER
2 months ago
11

Match each economic activity with the correct economic term.

Advanced Placement (AP)
1 answer:
Anna [191]2 months ago
5 0

<span>Correct associations

</span>

<span>receiving $5 for washing your father's car (incentive)

leakage in the US economy (a US resident buying a German-made car)

paying part of your income to the government (taxation)

injection into the US economy (a consumer from China buying an
American mobile device)

</span>

$5 serves as an incentive because it provides motivation.

<span>
</span>Taxation is a percentage of income paid to the government at a progressive rate. (

When an individual in the US makes purchases outside the country, it represents a reduction in income flow (leakage). Conversely, domestic purchases contribute to income flow (injection into the economy). <span>


</span>

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