Solved

When Calculating Gross National Disposable Income in an Open Economy

Question 19

Multiple Choice

When calculating gross national disposable income in an open economy, we adjust gross national expenditure by:


A) subtracting exports and adding back imports.
B) adding in net income earned from foreign sources, plus the trade balance, plus net unilateral transfers from abroad.
C) subtracting depreciation, payroll taxes, and indirect business taxes, while adding in subsidies.
D) taking out net factor income from abroad and subtracting net unilateral transfers.

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