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10 cards from this deck
Economy with trade and interactions with other countries
Households, businesses, government, foreign
L=S+T+ML = S + T + ML=S+T+M
J=I+G+XJ = I + G + XJ=I+G+X
Leakages equal injections (L=JL = JL=J)
Physical movement of goods, services, and factors of production
Monetary payments for real flows
Y=C+I+G+(X−M)Y = C + I + G + (X - M)Y=C+I+G+(X−M)
National income increases, economic growth
National income decreases, economic contraction
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