Net national product equals

A) gross national product minus statistical discrepancy.
B) gross national product minus depreciation.
C) national income minus taxes on production and imports.
D) national income plus depreciation.


B

Economics

You might also like to view...

When markets fail, public policy can potentially remedy the problem and increase economic efficiency

a. True b. False Indicate whether the statement is true or false

Economics

In the economy of Talikastan in 2015, consumption was $700, exports were $200, government purchases were $300, imports were $150, and investment was $400 . What was Talikastan's GDP in 2015?

a. $1350 b. $1450 c. $1050 d. $1750

Economics

Which of the following is a Fed tool?

A. Federal funds rate B. Stock prices C. Discount rate D. Interest rate spreads

Economics

Calculate the MPS.

Economics