If households receive $100 in interest payments and pay out $110,wages equal $500,rental receipts are $200,royalties are $100,profits are $200,depreciation is $50,and indirect business taxes are $50,then gross domestic income is
A)$1,090.
B)$1,110.
C)$1,180.
D)$1,280.

Question

Quizplus · Accepted Answer

Gross domestic income is the sum of wages, rental receipts, royalties, profits, depreciation, and indirect business taxes. In this case, gross domestic income is $500 + $200 + $100 + $200 + $50 + $50 = $1,100.

If Households Receive $100 in Interest Payments and Pay Out