Business
Business, 25.12.2019 06:31, batmandillon21

Which of the following is not correct?

a. gross domestic product is both total income in an economy and total expenditures on the economy’s output of goods and services.

b. in a closed economy net exports are zero.

c. national saving is the sum of private saving and public saving.

d. purchases of capital goods are excluded from gdp

answer
Answers: 3

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Which of the following is not correct?

a. gross domestic product is both total income...

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