Multiple Choice
National income and GDP diverge in practice because of:
A) subsidies.
B) depreciation of capital.
C) taxes.
D) all of the above.
Correct Answer:
Verified
Related Questions
Q17: In an economy with two goods, beer
Q18: In an economy with two goods, burgers
Q19: Government purchases include:
A)state and local government purchases.
B)tax
Q20: Gross private domestic expenditure includes:
A)fixed investment.
B)change in
