Gross domestic product minus the consumption of fixed capital equals
A) gross national product.
B) national income.
C) deprecation.
D) disposable personal income.
B
You might also like to view...
The self-correcting tendency of the economy means that rising inflation eventually eliminates:
A. unemployment. B. exogenous spending. C. recessionary gaps. D. expansionary gaps.
A checkable deposit that pays no interest is known as a
A) demand deposit. B) certificate of deposit. C) NOW account. D) time deposit.
The price that a firm's only competitor charges would be a
a. topic in microeconomics b. topic in finance c. macroeconomic topic d. topic in public finance e. normative issue
A Major League Baseball player signs a contract that pays $27 million over 5 years. The $27 million is the contract's ________ value.
A. real B. implicit C. external D. nominal