Multiple Choice
For an economy as a whole,
A) the market value of production must equal expenditure.
B) investment must equal the value of stocks and bonds purchased.
C) wages must equal income.
D) consumption must equal saving.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Which of the following statements about GDP
Q4: If an economy's GDP falls,then it must
Q5: For an actual economy,total expenditures on goods
Q7: In a simple circular-flow diagram,firms<br>A)purchase resources from
Q9: In a simple circular-flow diagram,<br>A)households spend all
Q10: In a simple circular-flow diagram,firms use the
Q11: If an economy's GDP falls,then it must
Q170: In the actual economy, goods and services
Q221: In a simple circular-flow diagram, total income
Q226: Because every transaction has a buyer and