QuestionJune 2, 2025

In the actual economy.households a. buy all goods and services produced in the economy. b. divide their income among spending, taxes, and saving. c. save all of their income. d. spend all of their income.

In the actual economy.households a. buy all goods and services produced in the economy. b. divide their income among spending, taxes, and saving. c. save all of their income. d. spend all of their income.
In the actual economy.households
a. buy all goods and services produced in the economy.
b. divide their income among spending, taxes, and saving.
c. save all of their income.
d. spend all of their income.

Solution
4.6(274 votes)

Answer

b. divide their income among spending, taxes, and saving. Explanation 1. Analyze Household Income Allocation Households typically allocate their income among different uses, including spending on goods and services, paying taxes, and saving for future needs.

Explanation

1. Analyze Household Income Allocation<br /> Households typically allocate their income among different uses, including spending on goods and services, paying taxes, and saving for future needs.
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