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 30 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?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Thyroid conditions may make getting pregnant impossible.

For a complete list of videos, visit our video library