Multiple Choice
Net national income is defined as
A) gross national income plus transfer payments.
B) gross national income, less retained earnings, plus transfer payments.
C) gross domestic income, less retained earnings, plus transfer payments.
D) gross domestic income less the consumption of fixed capital.
E) gross domestic income plus taxes.
Correct Answer:
Verified
Correct Answer:
Verified
Q35: If a country passes a labour law
Q36: _ is/are the payment for the _
Q37: Which of the following is not included
Q38: If GDP calculations included measurements of pollution
Q39: Table 4.8 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3061/.jpg" alt="Table 4.8
Q41: If nominal GDP is $5 trillion and
Q42: Table 4.26 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3061/.jpg" alt="Table 4.26
Q43: Gross national income is defined as<br>A)the value
Q44: Nominal GDP is another term for<br>A)inflation-adjusted GDP.<br>B)real
Q45: If real GDP in 2017 (using 2007