QUESTION 1: NATIONAL INCOME 1.1.1 Name any TWO types of leakages in the circular flow.
1.1.2 How would you convert basic prices to markets prices?​

Economic analysis indicates that it will be politically more attractive to a. enact expansionary fiscal policy during a recession than to enact restrictive fiscal policy during an economic expansion. b. enact expansionary fiscal policy during an economic expansion than to enact restrictive fiscal policy during a recession. c. enact restrictive fiscal policy during an economic expansion than to enact expansionary fiscal policy during a recession. d. raise taxes than to increase spending.