Interest paid by households and by the government is
A) counted in national income, but not in GDP.
B) not counted in GDP because it is not assumed to flow from the production of goods and services.
C) not counted in GDP but is counted in GNP because it is paid by U.S. citizens to people living in the United States.
D) included in both GDP and GNP because it represents an expenditure by one group and a receipt of income by another group.
Correct Answer:
Verified
Q81: Net interest is the interest on loans
Q82: Refer to the information provided in Table
Q83: Depreciation is
A) subtracted from national income to
Q84: What should be subtracted from GDP to
Q85: Refer to the information provided in Table
Q87: What type of tax affects the amount
Q88: Refer to the information provided in Table
Q89: Refer to the information provided in Table
Q90: Refer to the information provided in Table
Q91: Refer to the information provided in Table
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