National income is equal to:
A) GDP minus indirect business taxes, depreciation, and net income of foreigners.
B) NNP minus indirect business taxes.
C) wages, salaries, fringe benefits, rents, interest, and profits.
D) all of the above
Correct Answer:
Verified
Q81: Gross national product is equal to:
A)gross domestic
Q88: If real GDP increased by 2% and
Q93: If real GDP increased by 2% and
Q94: Real GDP is:
A)the base year market value
Q123: Total income received by households and noncorporate
Q125: Personal income includes:
A)income received in the form
Q126: Nominal GDP is $10,000 billion in 2000,
Q129: GDP that has been adjusted for changes
Q132: Household income after taxes is called:
A)national income.
B)gross
Q133: Which of the following is true?
A)Real GDP
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