This topic contains a solution. Click here to go to the answer

Author Question: Gross national product is equal to: a. gross domestic product. b. net national product plus ... (Read 81 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
Gross national product is equal to:
 a. gross domestic product.
 b. net national product plus depreciation.
 c. national income plus net personal income.
  d. none of the above

Question 2

The marginal propensity to consume (MPC) is equal to the inverse of the marginal propensity to save (MPS).
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ambernicolefink

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

b

Answer to Question 2

False




madam-professor

  • Member
  • Posts: 584
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


dyrone

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

For a complete list of videos, visit our video library