Multiple Choice
National income measures
A) nominal GDP after it has been inflated or deflated for changes in the value of the dollar.
B) the after-tax income of resource suppliers.
C) the total of all sources of private income plus government revenue from taxes on production and imports.
D) the amount of wage, rent, interest, and profits income actually received by households.
Correct Answer:
Verified
Correct Answer:
Verified
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