menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 10
  4. Exam
    Exam 2: The Measurement and Structure of the National Economy
  5. Question
    The Equation Total Production = Total Income = Total Expenditure
Solved

The Equation Total Production = Total Income = Total Expenditure

Question 73

Question 73

Multiple Choice

The equation total production = total income = total expenditure is called


A) the goods-market equilibrium condition.
B) the total identity.
C) the fundamental identity of national income accounting.
D) Say's Law.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q68: The country of Myrule has produced the

Q69: Nominal GDP in a country was $8759.9

Q70: If the price index last year was

Q71: National income equals<br>A)net national product minus statistical

Q72: In the mid- to late 1980s,the United

Q74: The nominal interest rate is 7%,today's price

Q75: Business fixed investment includes purchases of<br>A)capital equipment

Q77: Two years ago,the GDP deflator for Old

Q78: Which of the following is not a

Q89: In a given year,a country's GDP =

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines