Multiple Choice
National income is defined as
A) gross national product plus transfer payments.
B) gross national product less retained earnings plus transfer payments.
C) gross domestic product less retained earnings plus transfer payments.
D) gross domestic product less the consumption of fixed capital.
Correct Answer:
Verified
Correct Answer:
Verified
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Q12: Table 8-22<br>2013 2018<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 8-22
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