Gross national product is
A) the total amount of income received by the factors of production in the economy.
B) a nation's total product minus what is required to maintain the value of its capital stock.
C) the total market value of all final goods and services produced within a given period by factors of production owned by a country's citizens, regardless of where output is produced.
D) the total market value of all final goods and services produced within a given period by factors of production located within a country.
Correct Answer:
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Q90: Which of the following are deducted from
Q91: Subsidies are
A) subtracted from GDP at market
Q92: Net property income from abroad is
Q93: If GDP is £500 billion, receipts of
Q94: Transfer payments are
A) excluded from
Q96: Which of the following would be counted
Q97: Profits earned in the UK by foreign-
Q98: GDP can be calculated from either the
Q99: A period during which aggregate output declines
Q100: An increase in the level of taxation
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