If households and firms were the only two sectors in economy, income and output would be equal...True

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If households and firms were the only two sectors in economy, income and output would be equal...True or false

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The Economics of Money Banking and Financial Markets

ISBN: 978-0133836790

11th edition

Authors: Frederic S. Mishkin

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Question Posted: Mar 01, 2017 01:17 PM

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If households and firms were the only two sectors in economy, income and output would be equal...True

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This statement is true only if there are two sectors hou...View the full answer

The Economics of Money Banking and Financial Markets

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