The income expenditure model of economics was developed by John Maynard Keynes to explain fluctuations in production of goods and services and spending. The model basically states that we produce ...

The income generated from the new income model would fund the IMF's main expenditures—interest paid to creditors and administrative expenses—as well as help build reserves. If income was above these ...

Leakage is an economic term that describes capital or income that escapes an economy or system in the context of a circular flow of income model. It results in a gap between supply and demand.