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Total production of final goods and services equals total expenditures. They both equal _____. total income government taxes producer's profits

Roger Moore

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Jeremy Wood on December 17, 2018

The Total production of final goods and services amounts to their total costs, which are equal to a producer of profits. The amount of money collected from goods and services less the producer's total spending relates to their overall profits. This is the basis of calculation of the investments made in the activity.


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