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 213 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?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

A pygmy hippopotamus at National Zoo. A pygmy hippopotamus at National Zoo.
The national quality forum list of serious reportable events The national quality forum list of serious reportable events
Comparison of energy consumption in developing and industrialized nations Comparison of energy consumption in developing and industrialized nations
A Platypus swimming in Broken River, Eungella National Park, Queensland, Australia. A Platypus swimming in Broken River, Eungella National Park, Queensland, Australia.
Video: Magnetic resonance imaging (MRI)

For a complete list of videos, visit our video library