The disposable income of a nation is known as gross national disposable income, which can be defined as:
A) income earned from production plus net factor income from abroad plus net unilateral transfers.
B) income not saved and not spent.
C) government transfers to residents plus foreign transfers to residents.
D) income that is more than necessary to sustain life.
Correct Answer:
Verified
Q15: In the flow diagram representing an open
Q16: Tracking and measuring international flows of goods
Q17: The personal consumption expenditure includes all of
Q18: The circular flow concept of a closed
Q19: When calculating gross national disposable income in
Q21: NFIA is the same thing as:
A) world
Q22: (Table: Hypothetical Irish National Income and Product
Q23: (Table: Hypothetical Canadian National Income and Product
Q24: An advantage to calculating national income from
Q25: (Table: Hypothetical Canadian National Income and Product
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents