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Author Question: Interest paid by households and by the government is (Read 12 times)

Diane

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Question 1

Net interest is the interest on loans paid by


◦ businesses, households, and the government.
◦ businesses and households.
◦ businesses and the government.
◦ businesses.

Question 2

Interest paid by households and by the government is


◦ counted in national income, but not in GDP.
◦ not counted in GDP because it is not assumed to flow from the production of goods and services.
◦ not counted in GDP but is counted in GNP because it is paid by U.S. citizens to people living in the United States.
◦ included in both GDP and GNP because it represents an expenditure by one group and a receipt of income by another group.


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Marked as best answer by Diane on Apr 19, 2019

Jayson

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Diane

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)


komodo7

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Reply 3 on: Yesterday
Wow, this really help

 

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