In the nation of Nirvana, depreciation is $22 billion, GDP is $260.4 billion, and national income is
$215.2 billion. Net domestic product is
A) $445.2 billion.
B) $215.2 billion.
C) smaller than national income.
D) $238.4 billion.
Correct Answer:
Verified
Q51: Choose the best statement.
A) An increase in
Q52: Which of the following is correct?
A) Aggregate
Q53: Net investment equals
A) capital stock minus depreciation.
B)
Q54: Depreciation is subtracted from gross domestic product
Q55: Gross domestic product can be calculated
A) by
Q57: Comparing gross domestic product and net domestic
Q58: Suppose Mail Boxes Etc. buys a new
Q59: GDP equals net domestic product plus
A) indirect
Q60: Which of the following are equal to
Q61: In the equation, GDP = C +
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