The total amount of income earned by American resource suppliers in a year is measured by
A) Gross domestic product.
B) National income.
C) Personal income.
D) Disposable income.
Correct Answer:
Verified
Q106: Net exports are
A)the smallest component of aggregate
Q107: National income
A)minus depreciation equals NDP.
B)plus depreciation plus
Q108: GDP has grown 5 percent over the
Q109: If the GDP deflator were 200 in
Q110: Net domestic product measures
A)real GDP adjusted for
Q112: Suppose that GDP is equal to $8
Q113: Gross investment refers to
A)net investment plus net
Q114: GDP is $7 trillion.If consumption is $4.2
Q115: The sale of a used 1999 automobile
Q116: The term "final goods and services" refers
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