Multiple Choice
The difference between "gross" and "net" in the calculation of national income or domestic product reflects
A) an adjustment for taxes
B) an adjustment for capital depreciation
C) the difference between total output and output produced in the private sector
D) the difference between output in a calendar year and output in a fiscal year
E) the difference between what is produced and what is actually sold
Correct Answer:
Verified
Correct Answer:
Verified
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