Which of the following are equal to one another?
I. aggregate production
II. aggregate expenditure
III. aggregate income
A) II equals III, but not I.
B) I equals II equals III.
C) I equals III, but not II.
D) I equals II, but not III.
Correct Answer:
Verified
Q41: Q45: Which of the following is correct? Q47: Total output and total income in the Q48: Gross investment equals Q49: Which of the following relationships is correct? Q51: Net investment equals Q52: Gross domestic product can be calculated Q53: Comparing aggregate expenditure and aggregate incomes shows Q54: Gross investment equals net investment plus Q59: ![]()
A) Aggregate
A) net investment + depreciation.
B)
A)
A) capital stock minus depreciation.
B)
A) by
A) dividends![]()
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