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7 November, 01:29

For an economy as a whole,

a. the market value of production must equal expenditure.

b. investment must equal the value of stocks and bonds purchased.

c. wages must equal income.

d. consumption must equal saving.

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Answers (1)
  1. 7 November, 01:54
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    The answer is a. the market value of production must equal expenditure.

    Explanation:

    Gross domestic product (GDP) measures an economy's total expenditure on newly produced goods and services and the total income earned from the production of these goods and services.
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Home » Business » For an economy as a whole, a. the market value of production must equal expenditure. b. investment must equal the value of stocks and bonds purchased. c. wages must equal income. d. consumption must equal saving.
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