Which of the following is subtracted from net national product to arrive at national income?

If higher inflation is expected in the future, then the

A) SAS curve shifts rightward. B) AD curve shifts rightward. C) LAS curve shifts rightward. D) None of the above answers is correct.

An important contributor to rising U.S. health care costs in recent years is

A) less interest on the part of Americans to stay physically fit. B) the increasing proportion of the population that smokes. C) an easing of standards at medical schools that has permitted unqualified people to become physicians. D) the aging of the population.