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Author Question: Gross national product is equal to: a. gross domestic product. b. net national product plus ... (Read 158 times)

madam-professor

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on: Jun 30, 2018
Gross national product is equal to:
 a. gross domestic product.
 b. net national product plus depreciation.
 c. national income plus net personal income.
  d. none of the above

Question 2

The marginal propensity to consume (MPC) is equal to the inverse of the marginal propensity to save (MPS).
 a. True
  b. False
  Indicate whether the statement is true or false


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ambernicolefink

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

False


madam-professor

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

bdobbins

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Reply 3 on: Yesterday
Wow, this really help

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