
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772 Exercise 5
Tina walks into Ted's sporting goods store and buys a punching bag for $100. That $100 payment counts as ______________ for Tina and _____________ for Ted.
A) Income; expenditure.
B) Value added; multiple counting.
C) Expenditure; income.
D) Rents; profits.
A) Income; expenditure.
B) Value added; multiple counting.
C) Expenditure; income.
D) Rents; profits.
Explanation
The $100 that Ms. T spends is counted as...
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255