According to the circular flow of income and expenditure, what is the linkage between households and...

According to the circular flow of income and expenditure, what is the linkage between households and government?

select one:
a. consumption
b. investment
c. government purchases
d. net taxes
e. gross factor income

Solutions

Expert Solution

"D"

Net taxes, consumption is the relation between the household and firms similarly for investment, government purchase is between government and firms , the answer is "D".

Rahul Sunny answered 1 year ago

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