Multiple Choice
According to the circular flow of income and expenditure through the economy,which of the following is FALSE?
A) Sum of incomes = sum of expenditures.
B) Sum of incomes = sum of value added.
C) Sum of expenditures = sum of value added.
D) Sum of incomes = sum of expenditures = sum of value added.
E) Sum of value added = sum of savings.
Correct Answer:
Verified
Correct Answer:
Verified
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