Question

The​ income-expenditure model of real GDP determination is due to the work of A. Milton Friedman. B. Roger Miller. C. John Maynard Keynes. D. Adam Smith.

Answer 1

Answer:

Adam Smith please dzdbgflzf

Answer 2

The work of Adam Smith has made it possible to determine real GDP using the income-expenditure model.

What does Adam Smith's theory entail?

Adam Smith was one of the first thinkers of his era to assert that money is produced via labor that is productive and that individuals are driven by self-interest to make the most use of their resources.

He believed that capital investments generated profits, and that capital is allocated to projects where the greatest profits can be realized.

For more information about Adam Smith refer to the link:

https://brainly.com/question/455742

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