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INJECTION LINE: A line used in the injection-leakage model representing the relation between non-consumption expenditures (that is, injections) and national income. The three injections are investment expenditures, government purchases, and exports. The foundation of the injection line is the investment line, which is then enhanced by adding government purchases and exports. The other part of the injection-leakage model is a line representing leakages. The intersection of the injection and leakage lines identifies equilibrium aggregate output, or Keynesian equilibrium.
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INCOME EARNED BUT NOT RECEIVED The three types of income earned but not received (IEBNR) by the factors of production are Social Security taxes, corporate profits taxes, and undistributed corporate profits. IEBNR is subtracted from national income to calculate personal income.
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BROWN PRAGMATOX
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The standard "debt" notation I.O.U. does not mean "I owe you," but actually stands for "I owe unto..."
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