Question

For an economy as a whole,

a.the market value of production must equal expenditure.

b. investment must equal the value of stocks and bonds purchased.

c. wages must equal income.

d. consumption must equal saving.

Answer 1

The answer is a.the market value of production must equal expenditure.

Step-by-step explanation:

Gross domestic product (GDP) measures an economy's total expenditure on newly produced goods and services and the total income earned from the production of these goods and services.