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Author Question: Which of the following is subtracted from net national product to arrive at national income? a. net ... (Read 34 times)

laurencescou

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on: Jun 30, 2018
Which of the following is subtracted from net national product to arrive at national income?
 a. net income of foreigners
  b. depreciation
 c. indirect business taxes
 d. transfer payments

Question 2

When capacity utilization rate is high:
 a. the price level is likely to go up.
  b. consumption is likely to go down.
  c. investment is likely to increase.
  d. the rate of interest is likely to decrease.
  e. aggregate supply of goods is likely to remain constant.


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Alyson.hiatt@yahoo.com

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

c

Answer to Question 2

c


laurencescou

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

mohan

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Reply 3 on: Yesterday
:D TYSM

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