[Answered] Gross national product is equal to: a. gross domestic product. b. net national product plus ...

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madam-professor

Hero Member
Posts: 584

on: Jun 30, 2018

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

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ambernicolefink

Sr. Member
Posts: 359

Reply #1 on: Jun 30, 2018

Answer to Question 1

b

Answer to Question 2

False

madam-professor

Member
Posts: 584

Reply 2 on: Jun 30, 2018

TYSM

T4T

Member
Posts: 348

Reply 3 on: Yesterday

Gracias!

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