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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
In a circular flow diagram,
i.   the value of production = income.
ii.   the value of production = expenditure.
iii.   expenditure = income.
A) i, ii and iii are true statements.
B) Only iii is a true statement.
C) i and ii are true statements.
D) i and iii are true statements.
E) Only i is a true statement.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 153 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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8 years ago
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Loraine Author
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8 years ago
Thank you, thank you, thank you!
Hellish Lover
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Yesterday
Good timing, thanks!
Shassta22
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2 hours ago
You make an excellent tutor!
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