17.3

Question 1

Define Revenue

Answer 1

an income a business receives from its business
activities, such as the sale
of goods and services to
customers

Question 2

Define injections

Answer 2

money that enters the economy

Question 3

Define leakages

Answer 3

money that leaves the economy

Question 4

Define economic expansion

Answer 4

an increase in
economic activity, and of
the goods and services
available often measured by GDP. It is caused when there are more injections than leakages.

Question 5

Define economic contraction

Answer 5

a decrease in consumer
demand for goods and
services; lower
number of employees
in businesses; no wage
growth, caused when there are more leakages than injections

Question 6

What is foreign direct investment?

Answer 6

When u use money from different countries to setup businesses.