NFIA is the same thing as:
A) world real GDP.
B) sales of factor services to foreigners minus purchases of factor services from foreign nations.
C) income paid to domestic workers.
D) exactly 20% of domestic GDP.
Correct Answer:
Verified
Q16: Tracking and measuring international flows of goods
Q17: The personal consumption expenditure includes all of
Q18: The circular flow concept of a closed
Q19: When calculating gross national disposable income in
Q20: The disposable income of a nation is
Q22: (Table: Hypothetical Irish National Income and Product
Q23: (Table: Hypothetical Canadian National Income and Product
Q24: An advantage to calculating national income from
Q25: (Table: Hypothetical Canadian National Income and Product
Q26: (Table: Hypothetical Canadian National Income and Product
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