If an economy produces final output worth $5 trillion,then the aggregate income generated by that production:
A)will be $5 trillion.
B)will be more than $5 trillion.
C)will be $5 trillion minus taxes.
D)will be less than $5 trillion.
E)will be $5 trillion plus transaction costs.

Question

Quizplus · Accepted Answer

The aggregate income generated by production is equal to the value of final output, which in this case is $5 trillion.

If an Economy Produces Final Output Worth $5 Trillion,then the Aggregate