(1)Explain the concept of breakeven with relevant diagram. (5 marks)

(2)Explain the conflicting macroeconomic concept between economic growth and price stability. (5 marks)

(3)The calculation of the national income of a country is not an easy task. National income calculations are complicated and complex. Explain THREE (3) uses of national income and give appropriate example for each. (6 marks)

(4)There are two approaches the equilibrium namely aggregate demand - aggregate supply approach and leakage - injection approach. Discuss the concept of leakage - injection approach. (4 marks)