For most macroeconomists
A) gross national income and gross national product are the same.
B) gross national income exceeds gross national product.
C) gross national product exceeds gross national product.
D) it is hard to tell whether gross national income equal gross national product.
E) gross national product is much more important than gross national income.
Correct Answer:
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Q2: What are the main aspects of economic
Q4: The sale of
A) a used textbook does
Q6: GNP equals GDP
A) minus net receipts of
Q12: Which one of the following statements is
Q14: Movements in GDP
A) and GNP usually do
Q16: For most macroeconomists
A) national income accounts and
Q18: In open economies
A) saving and investment are
Q19: What can you learn from the figure
Q23: Disposable income is National income
A) less taxes
Q39: A country's current account
A) balance equals the
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