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- Why is it C?The figure shows the flows of expenditure and income on Lotus Island. In 2016, R was $7 billion; W was $39 billion; U was $10 billion; J was $20 billion; and Z was $7 billion Calculate total expenditure and total income. Total expenditure is $ billion. Total income is $ billion.What does VAT mean
- 1Money is created when A. a depositor deposits money at the bank. B. a bank grants a loan to a customer. C. someone lends money to a friend or a family member. D. people use money to pay for stuff they buy from one another.The Federal Reserve system gets the money it needs for operating expenses (Remember, pick the best answer.) A. from Congress B. from taxes C. from the fees, it charges banks to take out loans from the Fed D. from interest on government bondsBuying a cup of coffee with a dollar bill represents the use of money as a