This topic contains a solution. Click here to go to the answer

Author Question: The total expenditure on goods and services in a country must be the same as the total income earned ... (Read 60 times)

Caiter2013

  • Hero Member
  • *****
  • Posts: 607
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sarajane1989

  • Sr. Member
  • ****
  • Posts: 296
Answer to Question 1

c

Answer to Question 2

e




Caiter2013

  • Member
  • Posts: 607
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

For a complete list of videos, visit our video library