Total income in a country in 2012 is $780 billion. Total expenditure in the country

A) cannot be determined.
B) is greater than $780 billion.
C) is $780 billion.
D) is less than $780 billion.
E) is either less than or equal to $780 billion.

C

Economics

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Net investment equals gross investment minus depreciation

Indicate whether the statement is true or false

Economics

Because of labor hoarding, an increase in output may signal

A) an increase in employment. B) a reduction in employment. C) no change in employment. D) a reduction in productivity.

Economics