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Which of the following statements about the national income accounting identity = + + + is false? (A) The total market value of expenditure of

Which of the following statements about the national income accounting identity = + + + is false? (A) The total market value of expenditure of domestic economic agents, including households, firms, and the government, is equal to + + . Page 2 of 4 Principle of Macroeconomics: Homework 2 Spring 2024 (B) The identity is a decomposition of gross domestic product (GDP). (C) Imports are the market value of all foreign-produced goods and services that are sold to domestic economic agents, excluding domestic government. (D) Government expenditure excludes transfer payments and also excludes interest paid on government debt. They are omitted to avoid "double counting

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