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Author Question: The total expenditure on goods and services in a country must be the same as the total income earned ... (Read 97 times)

Caiter2013

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on: Jun 30, 2018
The total expenditure on goods and services in a country must be the same as the total income earned from selling goods and services because:
 a. the government's annual budget has to balance.
  b. net exports in an economy is usually zero.
  c. one sector's expenditures are another sector's income.
  d. total investment in an economy always equals total saving.
  e. the sum of consumption spending and saving is zero.

Question 2

The stock of unused goods held by a firm is called a(n):
 a. depreciation.
  b. supplement.
  c. deadweight loss.
  d. excess capacity.
  e. inventory.


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sarajane1989

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

e


Caiter2013

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

momolu

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Reply 3 on: Yesterday
Wow, this really help

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