Which of the following is correct?
A) Aggregate expenditure equals GDP but is less than aggregate income.
B) Aggregate income is greater than GDP but equal to aggregate expenditure.
C) Aggregate income is greater than aggregate expenditure but equal to GDP.
D) Aggregate income, aggregate expenditure and GDP are all equal.
Correct Answer:
Verified
Q2: Net investment equals
A) capital stock minus depreciation.
B)
Q42: According to the circular flow diagram, the
Q44: Gross investment is equal to
A) depreciation minus
Q45: Suppose Mail Boxes Etc. buys a new
Q48: Gross investment equals net investment plus
A) capital.
B)
Q52: Which of the following relationships is correct?
A)
Q55: Gross domestic product (GDP) is
A) the value
Q57: The circular flow shows that
A) aggregate production
Q58: Total output and total income in the
Q59: 
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