3 According to value added method, national income of a country is the sum of __________ during a given year. a. Income received in different sectors of the economy b. Expenditure made in different sectors of the economy c. Output produced in different sectors of the economy d. Resources utilized in different sectors of the economy

3 According to value added method, national income of a country is the sum of __________ during a given year. a. Income received in different sectors of the economy b. Expenditure made in different sectors of the economy c. Output produced in different sectors of the economy d. Resources utilized in different sectors of the economy

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter6: Tracking The U.s. Economy

Section: Chapter Questions

Problem 3.6P

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