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answer plz for the second question please give me the correct order they want the answers in order in the boxes Sizing Up the Economy
answer plz for the second question please give me the correct order they want the answers in order in the boxes
Sizing Up the Economy Using GDP - End of Chapter Problem Why must total spending be equal to total income in an economy? The two are equal because total income plus total spending equals total output. the value-added measurement of GDP shows this is true. every dollar that someone spends is a dollar of income for someone else. of all of the above. Sizing Up the Economy Using GDP - End of Chapter Problem True Fruits opens its first smoothie making facility in Baltimore to serve the U.S. market. Starting at the market for inputs, show the flow of goods and services in the box on the left, and show the corresponding flow of money for those transactions in the box on the right. a. Starting at the market for inputs, show the flow of goods b. Using the flow of goods and services from part a as a and services, moving counter-clockwise. guide, demonstrate the corresponding flow of money so that your top two ranked items from each box complete the market transaction shown in the diagram, and so on. Flow of goods and services \begin{tabular}{|c|} \hline True Fruits hires labor and buys smoothie ingredients \\ Labor provided (ii) workers Fruits by True Fruits sells smoothies Smoothies bought by consumers \\ \hline \end{tabular} Flow of money Market value of smoothies Household spending on smoothies Wages and profits paid by True Fruits Income received by workers employed by True Fruits Answer Bank Answer Bank Step by Step Solution
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