menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 25
  4. Exam
    Exam 8: GDP: Measuring Total Production and Income
  5. Question
    Suppose That in 2013,the National Income in the United States
Solved

Suppose That in 2013,the National Income in the United States

Question 154

Question 154

Multiple Choice

Suppose that in 2013,the national income in the United States was $200 billion,depreciation was $15 billion,personal taxes were $20 billion,and transfer payments were $10 billion.Gross domestic product in 2013 is


A) $185 billion.
B) $215 billion.
C) $220 billion.
D) $245 billion.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q7: The measure of production that values production

Q74: Over the last 50 years,has the ratio

Q97: In the circular flow model,the value of

Q149: Table 8-15<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4189/.jpg" alt="Table 8-15

Q152: In 2013,Ford Motor Company's sales were rising.These

Q155: Table 8-31<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4189/.jpg" alt="Table 8-31

Q167: "Household production" refers to<br>A)the manufacturing of durable

Q195: The sum of the value added of

Q236: The size of the underground economy would

Q251: Japan experienced periods of deflation-a declining price

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines