which best describes why taxes and savings are considered leakage factors?\no they take money out of…
which best describes why taxes and savings are considered leakage factors?\no they take money out of households.\no they take money out of the economic system.\no they take money out of the economic sectors.\no they take money out of the financial sector.
Answer
Brief Explanations:
Leakage factors in an economic system remove money from the circular - flow of income and spending. Taxes and savings take money out of the economic system as they are not immediately used for consumption or investment within the system.
Answer:
They take money out of the economic system.