The total income of households is
A) net national product.
B) personal income.
C) national income.
D) production income.
Correct Answer:
Verified
Q101: If depreciation equals zero and retained earnings
Q102: Personal income
A) is always less than national
Q103: If disposable personal income is $400 billion
Q104: If GDP is $300 billion, depreciation is
Q105: Net national product is
A) GDP plus depreciation.
B)
Q107: If personal saving is -$10 billion and
Q108: Related to the Economics in Practice on
Q109: Personal income is national income minus
A) depreciation.
B)
Q110: If GNP is $800 billion and depreciation
Q111: Related to the Economics in Practice on
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