Question

____is the leakage of circular flow of aggregate income and exp​

Answer 1

Answer:

In the financial sector. In terms of the circular flow of income model, the leakage that financial institutions provide in the economy is the option for households to save their money. ... This is a leakage because it is a leakage out of the current income thus reducing the expenditure on current goods and services.

Answer 2

Answer:

As first developed by Jules Dupuit, French civil engineer and economist, in 1844 and popularized by British economist Alfred Marshall, the concept depended on the assumption that degrees of consumer satisfaction (utility) are measurable.