What accounts for the difference between GDP and NDP?
A) inventory changes
B) depreciation
C) undistributed corporate profits
D) transfer payments
E) business taxes
Correct Answer:
Verified
Q2: National income captures all income earned by
Q3: Income earned but not received refers to
A)government
Q4: In 2007,if the country of Moolah had
Q5: The reason that indirect business taxes are
Q6: Factors that explain the differences between National
Q7: Disposable Income is Personal Income minus personal
Q8: The income approach to GDP reveals that
Q9: Disposable income is
A)personal income minus personal taxes
B)national
Q10: Personal income is
A)NDP minus indirect business taxes
B)NDP
Q11: Disposable income is personal income after taxes.
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