NDP can be determined by adding taxes on production and imports to GDP.
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Q170: Value added by a firm is the
Q171: Disposable income measures the before-tax income received
Q172: If nominal GDP is 150 and the
Q173: Adding the market value of all final
Q174: Personal income usually exceeds disposable income.
Q176: The total volume of business sales in
Q177: If real GDP is 50 and nominal
Q178: GDP is the market value of
A) resources
Q179: To avoid multiple counting in national income
Q180: All of the following are examples of
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