« previous next »

Author Question: National income is equal to gross domestic product minus: a. indirect business taxes. b. ... (Read 76 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
on: Jun 30, 2018
National income is equal to gross domestic product minus:
 a. indirect business taxes.
  b. depreciation.
  c. personal taxes.
  d. retained earnings.
  e. consumption spending.

Question 2

When the supply of credit is fixed, an increase in the price level stimulates the demand for credit, which in turn reduces consumption and investment spending. This argument is called the:
 a. real balances effect.
  b. interest-rate effect.
  c. net exports effect.
  d. substitution effect.


bhavsar

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae
Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
To find the derivative use product rule To find the derivative use product rule
Find derivative using product rule Find derivative using product rule
Video: Normal and abnormal blood pH

For a complete list of videos, visit our video library