National income is the sum of:
A) personal income and personal tax payments.
B) proprietors' income, rental income, compensation of employees, corporate profits, and interest receipts net of indirect business taxes and the capital consumption allowance.
C) wages, transfer payments, interest paid to businesses, and tax revenue.
D) NNP and the capital consumption allowance.
E) consumption, investment, government spending, and net exports.
Correct Answer:
Verified
Q52: Scenario 5.1 Suppose that personal income is
Q53: The table given below reports the value
Q54: Which of the following is true of
Q55: Scenario 5.1 Suppose that personal income is
Q56: The table given below reports the value
Q58: The table given below reports the value
Q59: Scenario 5.1 Suppose that personal income is
Q60: Personal income is equal to:
A)NI minus personal
Q61: The table given below lists the price
Q62: The table given below lists the price
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