1. Tina walks into Teds sporting goods store and buys a punching bag for $100. That $100...
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1. 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. LO27.1
a. Income; expenditure.
b. Value added; multiple counting.
c. Expenditure; income.
d. Rents; profits.
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