Which concept is the basis of the national income accounting system?
A) the triangular flow of output and income through different sectors of the economy
B) the absolute advantage of national trade flows
C) the comparative advantage of crucial national industries
D) the circular flow of output and income through different sectors of the economy
Correct Answer:
Verified
Q8: The Lee family won a $50 million
Q9: Which of the following would be included
Q10: Rhonda sells a house she has owned
Q11: How are intermediate goods accounted for when
Q12: Which of the following would NOT be
Q14: Which of the following would be included
Q15: Which of the following is the best
Q16: Which of the following expenditures is NOT
Q17: Why does gross domestic product NOT include
Q18: How is the value of housing services
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