In the Circular Flow Diagram, Aggregate Expenditure Includes the Sum

question 356

Multiple Choice

In the circular flow diagram, aggregate expenditure includes the sum of

• A) income and saving.
• B) saving and investment.
• C) consumption, investment, and saving.
• D) consumption and investment.

---

Definitions:

Ethics

Ethics refers to the moral principles that govern a person's behavior or the conduct of an activity.

Financial Statement

A formal record of the financial activities and position of a business, person, or other entity, presented in a structured manner.