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hiusy98 hiusy98
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Posts: 1526
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7 years ago
In a circular-flow diagram, total income and total expenditures in an economy are:
A) equal because firms are ultimately owned by households.
B) equal only if there is no saving.
C) equal because every transaction has a buyer and a seller.
D) always equal because some people's income is not for production.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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andyborziandyborzi
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7 years ago
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hiusy98 Author
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#2
7 years ago
I owe you my life lol
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#3
3 years ago
awesome!
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