An economy's output, in essence, is also equal to its income because a. Producers sell all of the goods that they produce to consumers. b. It is required by law that this be so. c. The value of everything

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asked Nov 9, 2021 106k views

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An economy's output, in essence, is also equal to its income because a. Producers sell all of the goods that they produce to consumers. b. It is required by law that this be so. c. The value of everything that is produced is also the value of everything sold. d. Consumers purchase all of the goods that are produced.