Solved: How are the levels related to equilibrium gdp and income, Macroeconomics

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How are the levels related to equilibrium gdp and income

Problem

Savings, imports, and taxes are all considered "leakages" from aggregate demand. Are they bad for the economy? Or is there an important function for each? How are their levels related to equilibrium GDP, income, and employment?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: How are the levels related to equilibrium gdp and income

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