Tina walks into Teds sporting goods store and buys a punching bag for $100. That $100 payment
Question:
Tina walks into Ted’s sporting goods store and buys a punching bag for $100. That $100 payment counts as ______________ for Tina and _____________ for Ted. LO7.1
a. Income; expenditure.
b. Value added; multiple counting.
c. Expenditure; income.
d. Rents; profits.
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Related Book For
Macroeconomics
ISBN: 9781259915673
21st Edition
Authors: Campbell McConnell, Stanley Brue , Sean Flynn
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