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Which of the following relationships holds between the value of all production in a country and the total income of the country?
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Which of the following relationships holds between the value of all production in a country and the total income of the country?

User Dariusz Mydlarz
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1 Answer

3 votes

Answer:

They both are equal

Step-by-step explanation:

Total production of a country is known as a gross domestic product which is the market value of all the good produced in a country in a specific period of time. These goods and services help a country to generate income. If 100 is the total production of a country it means the total income of a country will be generated based on these 100 units.

User Drago
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