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    Macroeconomics Study Set 17
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    Exam 8: GDP: Measuring Total Production and Income
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    National Income Is Equal to
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National Income Is Equal to

Question 123

Question 123

Multiple Choice

National income is equal to


A) personal income minus personal taxes.
B) GDP minus depreciation.
C) disposable personal income plus depreciation plus personal taxes.
D) GNP plus depreciation.

Correct Answer:

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