« previous next »

Author Question: National income is calculated by subtracting ____ from GDP. a. depreciation. b. investment and net ... (Read 56 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
on: Jun 30, 2018
National income is calculated by subtracting ____ from GDP.
 a. depreciation.
  b. investment and net exports.
  c. Social Security insurance contributions and transfer payments.
  d. corporate and personal income taxes.

Question 2

According to the interest rate effect, as the price level:
 a. rises, people feel poorer and buy less.
  b. rises, United States products become more expensive and foreigners buy less U.S. goods.
  c. rises, interest rates fall, and people buy less.
  d. rises, interest rates rise, and people buy less.
  e. falls, interest rates fall, and people buy less.


kthug

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
The National School Lunch Program The National School Lunch Program
Relationship between Trust and Investment Relationship between Trust and Investment
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
E9-23 Prepare income statements Explain the difference in operating income E9-23 Prepare income statements Explain the difference in operating income
Video: Muscle Twitch and Muscle Tension - Motor unit size and force

For a complete list of videos, visit our video library