This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Net national product (NNP) is equal to A) personal income minus taxes. B) GNP minus consumption ... (Read 204 times)

jazziefee

  • Hero Member
  • *****
  • Posts: 505
on: Jun 30, 2018
Net national product (NNP) is equal to
 
  A) personal income minus taxes.
  B) GNP minus consumption of fixed capital.
  C) GDP plus consumption of fixed capital.
  D) national income plus consumption of fixed capital.

Question 2

If GDP is less than GNP, we know with certainty that
 
  A) a budget deficit exists.
  B) a trade surplus exists.
  C) a trade deficit exists.
  D) none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

stallen

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


jazziefee

  • Hero Member
  • *****
  • Posts: 505
Reply #2 on: Jun 30, 2018
Thank you


stallen

  • Sr. Member
  • ****
  • Posts: 336
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae
Pacific hagfish at 150 meters depth, California, Cordell Bank National Marine Sanctuary. Pacific hagfish at 150 meters depth, California, Cordell Bank National Marine Sanctuary.
Chimpanzees in the Gombe National Park, Tanzania groom each other by holding an overhead branch with Chimpanzees in the Gombe National Park, Tanzania groom each other by holding an overhead branch with
Created Equal: A Social and Political History of the United States, Brief Edition Created Equal: A Social and Political History of the United States, Brief Edition
Video: What Are Carbohydrates? Importance of Carbs & High Carb Food

For a complete list of videos, visit our video library