Multiple Choice
Assuming that there is no capital depreciation and no business saving, what is the relationship between spending and income in an economy?
A) Spending is greater than income.
B) Spending is less than income.
C) Spending is equal to income.
D) Spending is equal to income plus investment.
E) Spending is unrelated to income.
Correct Answer:
Verified
Correct Answer:
Verified
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