Net national income is defined as
A) gross national income plus transfer payments.
B) gross national income, less retained earnings, plus transfer payments.
C) gross domestic income, less retained earnings, plus transfer payments.
D) gross domestic income less the consumption of fixed capital.
E) gross domestic income plus taxes.
Correct Answer:
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Q266: Explain the difference between gross domestic product
Q267: Table 4.31 Q268: The values of real GDP and real Q269: Gross domestic product is generally _ net Q270: Which of the following would increase disposable Q272: Disposable household income is defined as Q273: The values of real GDP and real
A)personal income,
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