Multiple Choice
One key difference between national income and net domestic product is
A) net domestic product does not include income earned by the factors of production while national income does.
B) net domestic product represents income that is available to individuals while national income does not.
C) net domestic product includes indirect business taxes and transfers while national income does not.
D) net domestic product only includes the net additions to the economy's stock of capital while national income does not.
Correct Answer:

Verified
Correct Answer:
Verified
Q360: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Using the above
Q361: Which of the following is included in
Q362: Suppose Tina purchases an iTune download of
Q363: An increase in net exports<br>A) causes GDP
Q364: How is interest measured when used in
Q366: GDP is a measure of all of
Q367: Changes in the stocks of finished goods
Q368: Inventory investment can be defined as<br>A) changes
Q369: The difference between nominal and real values
Q370: Gross Domestic Product (GDP) is<br>A) the total