Economics B A-Level
Withdrawals
What Withdrawals means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Withdrawals
Check what you remember
Read the wording for your board, then hide it and explain Withdrawals in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Leakages of income not spent on domestic goods and services: savings by households, taxation by the government, and spending on imports.
Topics that use Withdrawals
- Circular flow of income, expenditure and output (Pearson Edexcel A-Level)
Related terms
- Aggregate demand
- Economic agents
- Factors of production
- Injections
- Investment
- Macroeconomic equilibrium
- Productivity
- Aggregate Supply
Using Withdrawals in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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