The equation total production = total income = total expenditure is called
A) the goods—market equilibrium condition.
B) the total identity.
C) the fundamental identity of national income accounting.
D) Say's Law.
C
Economics
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Indicate whether the statement is true or false
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In a Dutch auction, ________ with each bid
A) the price of the good increases B) the price of the good decreases C) the quantity of the good being offered increases D) the quantity of the good being offered decreases
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