Multiple Choice
According to the circular flow diagram, the dollar value of a nation's output is equal to
A) profits.
B) total income.
C) net income minus taxes.
D) wages.
Correct Answer:
Verified
Related Questions
Q37: GDP counts only final goods and services
Q38: The circular flow of income shows that
A)
Q39: Which of the following is TRUE regarding
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents