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book Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn cover

Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn

Edition 20ISBN: 978-0077660772
book Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn cover

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.
Explanation
Verified
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The $100 that Ms. T spends is counted as...

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Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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