If we compare the four sources of spending in the economy we see that
A) household consumption is the smallest.
B) government expenditure is the largest.
C) business investment is the largest.
D) household consumption is the largest.
Correct Answer:
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Q26: Q27: Double counting (counting the same thing twice) Q28: In the circular flow of income Q29: The factor market can best be described Q30: In the circular flow model of an Q32: The circular flow diagram indicates that Q33: In computing GDP, it is essential to Q34: In the circular flow of economic activity Q35: The circular flow diagram shows that Q36: In the circular flow diagram, aggregate expenditure
A) households
A) households
A)
A)
A) the
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