Multiple Choice
What is subtracted from GDP to calculate net domestic product (NDP) ?
A) indirect sales taxes
B) transfer payments
C) depreciation
D) good and services produced overseas
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q43: Which of the following is included in
Q44: How is total production in the economy
Q45: In the circular flow, _ supply the
Q46: The economic growth rate between 2017 and
Q48: When measuring real GDP, what does the
Q49: Macroeconomics is the study of how households
Q50: In a small economy, gross investment in
Q51: Assuming that Australia is the domestic economy,
Q166: If the GDP deflator is 142,by how
Q250: The GDP deflator is a measure of