Author Question: Once the categories of income are totaled, the sum is called A) GNP and is not equal to GDP. B) ... (Read 35 times)

Sufayan.ah · **on:** Jun 30, 2018

Once the categories of income are totaled, the sum is called

A) GNP and is not equal to GDP.
B) total income earned and is equal to GDP.
C) net domestic product at factor cost and is equal to GDP.
D) GDP measured by the income approach.
E) net domestic product at factor cost and is not equal to GDP.

Question 2

Which type of graph is most useful in determining if two variables are correlated?

A) variable-correlation figure
B) time-series
C) scatter diagram
D) cross-section
E) None of the above answers is correct.