What should be added to national income to calculate GNP?
A. net factor payments to the rest of the world
B. personal income taxes
C. indirect taxes
D. depreciation
Answer: D
Economics
You might also like to view...
The opportunity cost of doing something can be defined as the value of the next-best alternative
Indicate whether the statement is true or false
Economics
Recently, there has been a sharp reduction in the use of antidumping and countervailing duty laws in the United States
Indicate whether the statement is true or false
Economics
Like profit-seeking, rent seeking is also a productive activity and contributes to the growth of the economy
a. True b. False Indicate whether the statement is true or false
Economics
Two goods that are complementary are
a. wrapping paper and scotch tape b. letter and fax c. beef and chicken d. bicycle and motorcycle e. Coke and Pepsi
Economics