Which of the following correctly gives us national income (NI) ?
A) Gross domestic product minus depreciation.
B) Personal income minus personal taxes.
C) Net national product minus indirect business taxes.
D) Consumption plus investment plus government plus net exports.
Correct Answer:
Verified
Q1: In recent years, people have benefited from
Q13: Which of the following is a shortcoming
Q14: Because of transactions which take place in
Q16: If the underground economy is sizable, then
Q62: National income (NI) is calculated by
Q71: Which of the following is a shortcoming
Q109: National income is derived from gross domestic
Q110: The effect of the Environment Protection Agency
Q115: Because GDP does not account for improvements
Q116: When depreciation is subtracted from:
A) Personal income,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents