match each economic activity with the correct economic term. receiving $5 for washing your father’s car…

match each economic activity with the correct economic term. receiving $5 for washing your father’s car paying part of your income to the government a person in china purchasing an leakage in the us economy injection in the us economy taxation

match each economic activity with the correct economic term. receiving $5 for washing your father’s car paying part of your income to the government a person in china purchasing an leakage in the us economy injection in the us economy taxation

Answer

Brief Explanations:

Receiving money for a service is income - related. Paying part of income to government is taxation. Leakage in an economy occurs when money leaves the circular - flow, like savings or imports. Injection is when money enters the circular - flow, like exports or government spending. A Chinese person buying a US product is an injection for the US economy.

Answer:

receiving $5 for washing your father’s car - income (not in given terms but related conceptually); paying part of your income to the government - taxation; a person in China purchasing an (assumed US product) - injection in the US economy; leakage in the US economy has no direct match among the activities on left but generally refers to money leaving the domestic circular - flow like savings or imports.