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Assuming That There Is No Capital Depreciation and No Business

Question 158

Multiple Choice

Assuming that there is no capital depreciation and no business saving, what is the relationship between GDP and aggregate income in an economy?


A) GDP is greater than aggregate income.
B) GDP is less than aggregate income.
C) GDP is equal to aggregate income.
D) GDP is equal to aggregate income plus investment.
E) GDP is unrelated to aggregate income.

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