The National Income and Product Accounts Identity States:
A) $\text { Expenditure = Production } + \text { Income }$

Multiple Choice

The National Income and Product Accounts identity states:

A) $\text { Expenditure = Production } + \text { Income }$
B) $\text { Production } = \text { Expenditure } - \text { Income }$
C) $\text { Production = Expenditure + Income }$
D) $\text { Expenditure = Production } - \text { Income }$
E) $\text { Production } = \text { Expenditure } = \text { Income }$