(Solved by Humans)-Which of the following statements is false ? a) Purchases of

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Which of the following statements is?false?

a)?Purchases of capital goods are called investment


b)?GDP equals the total value of wages received by households.


c)?In a simple economy with just households and firms, the value of investment equals the value of saving.


d)?In a simple economy with just households and firms, the value of investment plus consumers' expenditure equals GDP.




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This question was answered on: 10 May, 2025

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(Solved by Humans)-Which of the following statements is false ? a) Purchases of


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