Solved

One Key Difference Between National Income and Net Domestic Product

Question 319

Multiple Choice

One key difference between national income and net domestic product is


A) net domestic product does not include income earned by the factors of production while national income does.
B) net domestic product represents income that is available to individuals while national income does not.
C) net domestic product includes indirect business taxes and transfers while national income does not.
D) net domestic product only includes the net additions to the economy's stock of capital while national income does not.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents