Multiple Choice
Which of the following statements is true?
A) National income accountants consider the portion of corporate profits that is used to pay corporate profits taxes to be income earned by households but not received.
B) Net domestic product (NDP) is a smaller dollar amount than GDP.
C) Personal income includes transfer payments.
D) b and c
E) a,b,and c
Correct Answer:

Verified
Correct Answer:
Verified
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