Multiple Choice
For an economy as a whole,
A) wages must equal profit.
B) consumption must equal income.
C) income must equal expenditure.
D) consumption must equal saving.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q202: Table 23-1<br>The following table contains data
Q203: Countries with low GDP per person tend
Q204: GDP is a useful measure since it
Q205: If a firm produces a good and
Q206: List the four components of GDP.
Q208: Gross domestic product includes all<br>A)legal final goods
Q209: Expenditures by households on education are included
Q210: In the simple circular-flow diagram, with households
Q211: The term real GDP refers to a
Q212: Table 23-7<br>A country produces only ice