An economy's income is the same as its expenditure because every transaction has a buyer and a seller.

Name: An economy's income is the same as its expenditure because every transaction has a buyer and a seller.
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In an economy, every transaction indeed involves a buyer and a seller, meaning the amount spent by buyers on goods and services must equal the amount received by sellers. This principle underlies the concept that an economy's total income is equal to its total expenditure.

An Economy's Income Is the Same as Its Expenditure Because