National income equals GNP
A) less depreciation, less net unilateral transfers, less indirect business taxes.
B) less depreciation, plus net unilateral transfers, plus indirect business taxes.
C) less depreciation, less net unilateral transfers, plus indirect business taxes.
D) plus depreciation, plus net unilateral transfers, less indirect business taxes.
E) less depreciation, plus net unilateral transfers, less indirect business taxes.
Correct Answer:
Verified
Q1: Net unilateral transfers
A) are part of a
Q2: In 2006,the United States had
A) a surplus
Q7: The United States began to report its
Q8: GDP is different than GNP in that
A)
Q10: The highest component of GNP is
A) the
Q11: Movements in GDP
A) differ greatly from movements
Q15: An example of how GNP accounts for
Q17: A country's gross national product (GNP) is
A)
Q19: Purchases of inventories by
A) firms are not
Q20: GDP is supposed to measure
A) the volume
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