National income equals GNP
A) less depreciation, less net unilateral transfers.
B) less depreciation or net unilateral transfers.
C) plus depreciation, less net unilateral transfers.
D) plus depreciation, plus net unilateral transfers.
E) less depreciation, plus net unilateral transfers.
Correct Answer:
Verified
Q11: Movements in GDP
A) differ greatly from movements
Q12: Which one of the following statements is
Q13: For most macroeconomists
A) gross national income exceeds
Q14: Which one of the following statements is
Q15: An example of how GNP accounts for
Q17: A country's gross national product (GNP) is
A)
Q18: In open economies
A) saving and investment are
Q19: Purchases of inventories by
A) firms are not
Q20: GDP is supposed to measure
A) the volume
Q21: Government purchases are defined as
A) only goods
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