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30 August, 13:21

Total production of final goods and services equals total expenditures. What are they both equal to?

A. total income

B. government taxes

C. producer's profits

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Answers (1)
  1. 30 August, 13:32
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    The total production of final goods and services equals to total expenditures. Both are equal to producers profits. The producers profits is the money collected from goods & services and minus the total expenditures. The correct answer is C.
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