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

Author Question: National income: a. represents total wages and salaries in an economy. b. equals GDP minus ... (Read 32 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
on: Jun 30, 2018
National income:
 a. represents total wages and salaries in an economy.
  b. equals GDP minus indirect business taxes.
  c. equals GDP minus depreciation.
  d. equals C + I + G + (X  M).
  e. is the value of existing capital stock used up in making goods.

Question 2

The interest-rate effect is the impact on real GDP caused by the ____ relationship between the price level and the interest rate.
 a. direct
  b. independent
  c. linear
  d. inverse


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mammy1697

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


Pea0909berry

  • Member
  • Posts: 573
Reply 2 on: Jun 30, 2018
Gracias!

bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Pacific hagfish at 150 meters depth, California, Cordell Bank National Marine Sanctuary. Pacific hagfish at 150 meters depth, California, Cordell Bank National Marine Sanctuary.
The underhood decal showing that this Lexus RX-330 meets both national (Tier 2; BIN 5) and ... The underhood decal showing that this Lexus RX-330 meets both national (Tier 2; BIN 5) and ...
Video: Virtual Enzyme Kinetics & Lineweaver Burk Plot

For a complete list of videos, visit our video library