Economy, asked by suleman43704, 3 months ago

a) Elucidate how an economy’s income must always equal its expenditure.

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Answered by Anonymous

ᴀɴ ᴇᴄᴏɴᴏᴍʏ'ꜱ ɪɴᴄᴏᴍᴇ ᴍᴜꜱᴛ ᴇQᴜᴀʟ ɪᴛꜱ ᴇxᴘᴇɴᴅɪᴛᴜʀᴇ, ʙᴇᴄᴀᴜꜱᴇ ᴇᴠᴇʀʏ ᴛʀᴀɴꜱᴀᴄᴛɪᴏɴ ʜᴀꜱ ᴀ ʙᴜʏᴇʀ ᴀɴᴅ ᴀ ꜱᴇʟʟᴇʀ. ᴛʜᴜꜱ, ᴇxᴘᴇɴᴅɪᴛᴜʀᴇ ʙʏ ʙᴜʏᴇʀꜱ ᴍᴜꜱᴛ ᴇQᴜᴀʟ ɪɴᴄᴏᴍᴇ ᴛᴏ ꜱᴇʟʟᴇʀꜱ. ᴇᴠᴇʀʏᴏɴᴇ ᴏɴᴇ ᴅᴏʟʟᴀʀ ᴏꜰ ꜱᴘᴇɴᴅɪɴɢ ʙᴇᴄᴏᴍᴇꜱ ᴏɴᴇ ᴅᴏʟʟᴀʀ ᴏꜰ ꜱᴏᴍᴇᴏɴᴇ'ꜱ ɪɴᴄᴏᴍᴇ.

Answered by dkashyap705

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a) Elucidate how an economy’s income must always equal its expenditure.​

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this is the answer of your question thank you so much

a) Elucidate how an economy’s income must always equal its expenditure.