« previous next »

Author Question: National income is equal to gross domestic product minus: a. indirect business taxes. b. ... (Read 84 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?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Spotted hyenas greeting one another in Kruger National Park Spotted hyenas greeting one another in Kruger National Park
Regional Variation in Income and Access to the Sea Regional Variation in Income and Access to the Sea
Simultaneous Determination of Income and Modernization Simultaneous Determination of Income and Modernization
Sol Duc Falls in Olympic National Park, Washington. Sol Duc Falls in Olympic National Park, Washington.
Math for Business and Finance: an Algebraic Approach, 3rd Edition Jeffrey Slater Math for Business and Finance: an Algebraic Approach, 3rd Edition Jeffrey Slater
Video: Muscular Dystrophy

For a complete list of videos, visit our video library