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If Households Pay $100 in Interest Payments and Receive $120

Question 52

Multiple Choice

If households pay $100 in interest payments and receive $120 in interest,wages equal $400,rental receipts on land are $100 and royalties are $100,profits are $150,depreciation is $50,and indirect business taxes are $50,then gross domestic income is


A) $1,070.
B) $870.
C) $820.
D) $770.

Correct Answer:

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