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For an economy as a whole, income must equal expenditure because a. the number of firms is equal to the number of households in an economy. b. individuals can only spend what they earn each period. c. every dollar of spending by some buyer is a dollar of income for some seller. d. every dollar of saving by some consumer is a dollar of spending by some other consumer.

Respuesta :

adefioyelaoye

Every dollar of spending by some buyer is a dollar of income for some

seller is why income must equal expenditure.

What is Economy?

This is defined as all the activities related to production, consumption, and

trade of goods and services in an area.

Income is equal to an expenditure in an economy as a result of every

dollar spent by the buyer being equal to the dollar received by the seller

which makes option C the most appropriate option.

Read more about Economy here https://brainly.com/question/16022081

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