In which case is total expenditure in an economy NOT equal to total income?
A. if total saving is larger than total investment
B. if net exports are not zero
C. if inventory investment is negative
D. None of the answers is correct—they are always equal.
Ans: D. None of the answers is correct—they are always equal.
Economics
You might also like to view...
Refer to Figure 5-3. In the absence of any government intervention, the private market
A) underproduces by Qo - Qm units. B) underproduces by Qn - Qm units. C) overproduces by Qn - Qm units. D) overproduces by Qo - Qm units.
Economics
Explain why public goods can be classified as market failure? Explain what problem arises when public goods are produced?
What will be an ideal response?
Economics