Which is greater, gross domestic product or national income? By how much?
a. Gross domestic product < National income; indirect business taxes, depreciation, and income earned by foreigners in the United States
b. Gross domestic product < National income; net exports and indirect business taxes
c. Gross domestic product > National income; net exports and indirect business taxes
d. Gross domestic product > National income; indirect business taxes, depreciation, and income earned by foreigners in the United States
Question 2
When the U.S. government removes investment tax credits:
a. consumption spending falls.
b. the return on investment increases.
c. capacity utilization in the economy expands.
d. the cost of capital increases.
e. technological innovation advances more rapidly.
Rain forest in Pacific Rim National Park, Vancouver Island, British Columbia
standard reduction potential (Eo), the greater the tendency of the oxidized form of a redox couple
The Parade of World Income