When depreciation is subtracted from:
a. personal income, we get national income.
b. gross domestic product, we get national income.
c. gross domestic product, we get personal income.
d. disposable personal income, we get gross domestic product.
Question 2
The interest-rate effect is the impact on real GDP caused by the direct relationship between the interest rate and the:
a. price level.
b. exports.
c. consumption.
d. investment.