What is subtracted from GDP to calculate net domestic product (NDP) ?
A) indirect sales taxes
B) transfer payments
C) depreciation
D) good and services produced overseas
Correct Answer:
Verified
Q2: Gross domestic product is the total market
Q3: Gross national income (GNI)is defined as the
Q4: To calculate GDP using the value-added method,
Q5: How are 'intermediate goods' treated in the
Q6: Which of the following is not one
Q7: What is a 'final good'?
A)a good not
Q8: Which of the following is included in
Q9: Which of the following transactions would be
Q10: How is total production in the economy
Q11: An example of a 'final good' would
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents