Which of the following best characterizes the above identity?
a. Domestic product must...
Which of the following best characterizes the above identity?
a. Domestic product must equal the total amount of leakages from the nation’s flow of income and expenditures.
b. National income must equal domestic product.
c. National income must equal the total amount of leakages from the nation’s flow of income and expenditures.
d. Domestic product must equal the total amount of injections into the nation’s flow of income and expenditures.
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