One key difference between national income and net domestic product is Select one: O a. net domestic product only includes the net additions to the economy's stock of capital while national income does no O b. net domestic product represents income that is available to individuals while national income does not. Oc net domestic product includes indirect business taxes and transfers while national income does not. O d. net domestic product does not include income earned by the factors of production while national income does.
One key difference between national income and net domestic product is Select one: O a. net domestic product only includes the net additions to the economy's stock of capital while national income does no O b. net domestic product represents income that is available to individuals while national income does not. Oc net domestic product includes indirect business taxes and transfers while national income does not. O d. net domestic product does not include income earned by the factors of production while national income does.
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter7: Production And Growth
Section: Chapter Questions
Problem 5CQQ
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