This topic contains a solution. Click here to go to the answer

Author Question: National income is the sum of: a. personal income and personal tax payments. b. proprietors' ... (Read 79 times)

plus1

  • Hero Member
  • *****
  • Posts: 676
National income is the sum of:
 a. personal income and personal tax payments.
  b. proprietors' income, rental income, compensation of employees, corporate profits, and interest receipts, net of indirect business taxes and the capital consumption allowance.
  c. wages, transfer payments, interest paid to businesses, and tax revenue.
  d. NNP and the capital consumption allowance.
  e. consumption, investment, government spending, and net exports.

Question 2

If net investment spending in a nation is zero, we can conclude that:
 a. gross investment exceeds the capital consumption allowance.
  b. the capital consumption allowance exceeds gross investment.
  c. imports equal exports.
  d. gross investment equals the capital consumption allowance.
  e. no investment goods were produced in the economy.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Dinolord

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

b

Answer to Question 2

d





 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

For a complete list of videos, visit our video library