Multiple Choice
Which of the following are not included as a component of national income?
A) Corporate profits
B) Compensation of employees
C) Net interest income
D) Capital gains and capital losses
Correct Answer:
Verified
Correct Answer:
Verified
Q20: In the U.S.,government expenditure accounts for<br>A)10% of
Q21: Based on the data in Table 2-7,recessions
Q22: In the base year,the relationship between nominal
Q23: Suppose that Apple computer buys computer components
Q24: Business fixed investment<br>A)includes the building of single-
Q26: In the U.S.,the largest share of national
Q27: Personal income equals personal disposable income plus<br>A)payroll
Q28: National income is defined as gross national
Q29: When moving from gross domestic product to
Q30: A recession is a period when<br>A)output growth