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Home Q & A Board Other Fields Homework Help Business Economics
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Sublight2097 Sublight2097
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9 years ago
Total expenditures for new final goods equals total output of new final goods in the income and product accounts
A) because no one will produce what cannot be sold.
B) because prices will rise or fall to clear the market.
C) because unsold goods are assumed to be purchased by the firms that produced them.
D) only at equilibrium.
E) when all goods are sold in the year they are produced.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SydnieSydnie
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9 years ago
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Sublight2097 Author
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#2
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
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