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goblinko [34]
4 years ago
6

In the circular flow of expenditure and​ income, why must the total value of production in an economy equal the total value of​

income?
A. Domestic expenditures on imports generally equal foreign expenditures on U.S. exports.
B. People tend to spend all of their income on goods and services.
C. Every penny spent on a good or service must end up as​ someone's income.
D. Taxes on the production of goods and services are determined according to individual income.
Business
1 answer:
Rudiy274 years ago
7 0
B. Every penny spent on a good or service must end up as​ someone's income.
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Because fixed costs will not change, the overall effect on the company's monthly net operating income will be equal to the contribution margin of the product once the new component is added.

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3 years ago
The term xenophobia can best be defined as:
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Suppose for some year the income of a small company is ​$100 comma 000100,000​; the expenses are ​$75 comma 00075,000​; the depr
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$23,950

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Expenses ​$75,000​

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Expenses (​$75,000​)

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