Is it correct to assume that total income equals total expenditure for a household? What about for

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Is it correct to assume that total income equals total expenditure for a household? What about for the whole economy?

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Macroeconomics Policy And Practice

ISBN: 978-0133424317

2nd Edition

Authors: Frederic Mishkin

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Question Posted: Feb 17, 2024 11:01 PM

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Is it correct to assume that total income equals total expenditure for a household? What about for

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For a household it is generally correct to assume that total income equals total expenditure This is ...View the full answer

Macroeconomics Policy And Practice

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