National income is a measure of
A) How well the economy is doing on a gross basis.
B) The income earned by the factors of production in producing GDP.
C) The income received by the factors of production plus depreciation.
D) The country's future productive capacity.
Correct Answer:
Verified
Q90: Q91: The part of disposable income not spent Q92: When we calculate GDP,imports are Q93: Q94: In national income accounting,the two uses of Q96: Goods and services purchased from international sources Q97: Disposable income is equal to Q98: Which of the following statements is true? Q99: Social Security payments to retired persons are Q100: Which of the following is a component![]()
A)Subtracted from total![]()
A)Personal taxes +
A)The
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