In the circular flow of economic activity
A) aggregate income measures the dollar value of labor resources only.
B) aggregate expenditure is measured as it moves through the financial markets.
C) aggregate expenditure measures the dollar value of purchases of factors.
D) aggregate expenditure measures the dollar value of purchases of final goods and services.
Correct Answer:
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Q35: In the circular flow diagram, aggregate expenditure
Q36: Q37: The circular flow of income shows that Q38: The circular flow diagram shows that Q39: The circular flow model shows that consumer Q41: Depreciation is defined as the Q42: Gross domestic product is the Q43: GDP equals Q44: Gross investment is equal to Q45: Which of the following is correct?![]()
A)
A) the
A) decrease in
A) total amount
A) C+I+G+X+M).
B) C+S+G+X-M)
C) C+I+G+X-M)..
D) C+S+G+X-M),
A) depreciation plus
A) Aggregate
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