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Because of the Circular Flows of Expenditure and Income in the Economy

Question 17

Multiple Choice

Because of the circular flows of expenditure and income in the economy, total ________ equals total ________ equals total ________.


A) investment; income; consumption
B) expenditure; income; value of production
C) expenditure; investment; income
D) consumption; expenditure; value of production
E) consumption; investment; expenditure

Correct Answer:

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