If GNP is $625 billion and depreciation is $125 billion, then net national product is
A) $5 billion.
B) $500 billion.
C) $700 billion.
D) $750 billion.
Correct Answer:
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Q187: If personal saving is -$40 billion and
Q188: Related to the Economics in Practice on
Q189: The total income of the country is
A)
Q190: If investment is larger than depreciation, the
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Q193: If national income is $400 billion, personal
Q194: If the personal saving rate is 20%
Q195: Which of the following is added to
Q196: Transfer payments are subtracted from national income
Q197: If depreciation equals zero and retained earnings
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