National income is
A) personal income plus personal tax payments.
B) net national product plus or minus statistical discrepancies.
C) wages, transfer payments, interest paid to businesses, and tax revenue.
D) NNP plus the capital consumption allowance.
E) consumption, investment, government spending, and net exports.
Correct Answer:
Verified
Q35: A reduction in the value of capital
Q36: What is an indirect business tax?
A) A
Q37: World GDP is _ World GNP.
A) more
Q38: The difference between gross investment and net
Q39: GDP can be calculated by all of
Q41: If 1 U.S. dollar = 11.76 shillings,
Q42: Foreign exchange constitutes
A) foreign stock market activity.
B)
Q43: The foreign exchange market
A) is located at
Q44: The idea that total expenditures equal total
Q45: If the U.S. dollar appreciated against the
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