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Author Question: When gross domestic product (GDP) is adjusted by adding any income earned abroad by U.S. firms or ... (Read 89 times)

Mimi

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When gross domestic product (GDP) is adjusted by adding any income earned abroad by U.S. firms or residents which is sent back to the United States and by subtracting any income earned in the United States by non-U.S.
 
  corporations or foreign nationals which is sent back to their home countries, it is called
  A) depreciation. B) international GDP.
  C) subsidized income. D) gross national product (GNP).

Question 2

Which of the following is NOT a description of indirect finance?
 
  A) You take out a student loan from your bank. B) You borrow 500 from your best friend.
  C) You buy shares in a mutual fund. D) An insurance company lends funds to IBM.


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adf223

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Mimi

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


lindahyatt42

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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