Multiple Choice
In a circular flow diagram, i) the value of production = income
Ii) the value of production = expenditure
Iii) expenditure = income
A) i, ii and iii are true statements.
B) Only iii is a true statement.
C) i and ii are true statements.
D) i and iii are true statements.
E) Only i is a true statement.
Correct Answer:
Verified
Correct Answer:
Verified
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