Question

National income is equal to________________.

A.Gross Domestic Product​ (GDP) minus NDP.
B.Gross Domestic Product​ (GDP) plus depreciation and indirect business taxes.
C.the sum of all factor payments to resource owners.
D.Gross Domestic Product​ (GDP) minus indirect business taxes.

Answer 1

Answer:

A.Gross Domestic Product​ (GDP) minus NDP.

Explanation:

• The national income is equal to the GNP less than consumption of the fixed capital and is the personal income that is measured as the amount the income in the terms of the funds in hand.

• Is added to the net income levels and the personal income receipts on assets and peroneal current transfers and is expressed as the Rent + Wages + Interest + Profit + Mixed-Income.