Income spent on imported goods:.
a. represents income that has leaked across national borders.
b. must be subtracted from spending data to calculate an accurate value for domestic production.
c. is income that is not spent on domestically produced goods and services.
d. answers (a), (b), and (c) are all correct.
Answers: 3
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Income spent on imported goods:.
a. represents income that has leaked across national borders.
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