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    Principles of Economics
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    Exam 23: Measuring a Nations Income
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    For an Economy as a Whole
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For an Economy as a Whole

Question 171

Question 171

Multiple Choice

For an economy as a whole,


A) income is greater than expenditure
B) expenditure is greater than income.
C) income is equal to expenditure.
D) GDP measures income more precisely than it measures expenditure.

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