Tina walks into Teds sporting goods store and buys a punching bag for $100. That $100 payment
Question:
Tina walks into Ted’s sporting goods store and buys a punching bag for $100. That $100 payment counts as for Tina and for Ted.
a. income; expenditure
b. value added; multiple counting
c. expenditure; income
d. rents; profits
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The correct answer is c expenditure income The correct relationship between Tinas payment for ...View the full answer
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Related Book For 
Macroeconomics
ISBN: 9781264112456
22nd Edition
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
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