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Author Question: Which is greater, gross domestic product or national income? By how much? a. Gross domestic product ... (Read 212 times)

anshika

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on: Jun 30, 2018
Which is greater, gross domestic product or national income? By how much?
 a. Gross domestic product < National income; indirect business taxes, depreciation, and income earned by foreigners in the United States
  b. Gross domestic product < National income; net exports and indirect business taxes
 c. Gross domestic product > National income; net exports and indirect business taxes
 d. Gross domestic product > National income; indirect business taxes, depreciation, and income earned by foreigners in the United States

Question 2

When the U.S. government removes investment tax credits:
 a. consumption spending falls.
  b. the return on investment increases.
  c. capacity utilization in the economy expands.
  d. the cost of capital increases.
  e. technological innovation advances more rapidly.


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wilsonbho

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


anshika

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Reply #2 on: Jun 30, 2018
Thank you :)


wilsonbho

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Reply #3 on: Jun 30, 2018
Happy to help you


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