Why does GDP equal aggregate income and also equal aggregate expenditure?

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Macroeconomics Canada in the Global Environment

ISBN: 978-0321778109

8th edition

Authors: Michael Parkin, Robin Bade

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Question Posted: Dec 19, 2015 04:46 AM

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Why does GDP equal aggregate income and also equal aggregate expenditure?

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GDP equals aggregate income because one way to value productio...View the full answer

Macroeconomics Canada in the Global Environment

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