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If Households Pay $1,000 in Interest Payments and Receive $1,200

Question 249

Multiple Choice

If households pay $1,000 in interest payments and receive $1,200 in interest, wages equal $9,000, rental receipts on land are $200, total business profits before taxes are $2,200, depreciation is $1,750, and indirect business taxes are $1,000, then gross domestic income is


A) $15,350.
B) $14,350.
C) $13,150.
D) $11,400.

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