Net domestic product is usually preferred to GDP by economists because net national product
A) includes depreciation.
B) excludes depreciation.
C) includes indirect business taxes.
D) excludes indirect business taxes.
Correct Answer:
Verified
Q15: The largest component of national income is
A)corporate
Q16: The difference between GDP and NDP is
A)Who
Q17: Which is not counted in GDP?
A)A Social
Q18: Which is the smallest?
A)Employees' compensation
B)Corporate profits
C)Net interest
D)Rental
Q19: In 2009 GDP in the U.S.was slightly
Q21: If our GDP rises by 50 percent,our
Q22: Which statement is true?
A)In recent years net
Q23: If GDP rises,
A)real GDP may either rise
Q24: If our population doubles,our GDP doubles,and the
Q25: When there is deflation,
A)GDP grows faster than
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