Personal income is national income minus
A) depreciation.
B) net factor income to the rest of the world.
C) the amount of national income not going to households.
D) imports.
Correct Answer:
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Q104: If GDP is $300 billion, depreciation is
Q105: Net national product is
A) GDP plus depreciation.
B)
Q106: The total income of households is
A) net
Q107: If personal saving is -$10 billion and
Q108: Related to the Economics in Practice on
Q110: If GNP is $800 billion and depreciation
Q111: Related to the Economics in Practice on
Q112: If the personal saving rate is 5%
Q113: If personal income is $925 billion and
Q114: Saving rates tend to _ during boom
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