Which statement is true?

a) savings are a leakage in the circular flow of income.
b) households pay wages to businesses.
c) exports are leakages in the circular flow of income.
d) taxes paid to the government have no direct effect on the economy.

the purpose of the heading in the passage is to identify who is telling the story.

this excerpt is part of the book sugar changed the world (2010) written by marc aronson and marina budhos. as the book has been written by two people, the heading "marc" indicates that this specific excerpt is being narrated by aronson. in the fragment, marc describes his grandfather's story after hearing it from his cousin. however, there are other excerpts where budhos is the one that tells the story of her family.

aronson and budhos, who are husband and wife in real life, decided to write sugar changed the world when they found out how sugar, which had an important role in slavery and economy, changed their ancestors' lives.

industrialization in great britain began with the global 'industrial revolution', a pioneer. industrialization in russia was the last in europe, a laggard.

great britain’s industrialization was driven by individual citizens, while russia’s was guided by the government.