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Which of the following is false? A. When current income increases, both consumption and saving are likely to increase. B. Total finical assets must equal total financial liability outstanding in the economy because of the fact that; financial claims are liability for deficit spending units and are simultaneously assets for surplus spending units. C. In Ethiopia, an informal financial sector which is very similar to insurance companies is; Iddir. D. While life insurance provides economic protection in case of premature death, pensions provide coverage against Superannuation. E. None of the above F. 2. Which one of the following is incorrect? A. When households and firms save part of their incomes it constitutes leakage. B. When households and firms borrow the savings, it constitutes injections. C. Injections reduce the flow of income whereas Leakages increase the flow of income. D. If Savings + Taxes+ Imports exceeds Investments + Government expenditure + Exports: the levels of income, output, expenditure and employment will fall causing a recession or contraction in the overall economic activity E. All of the above are correct.​

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