National income is defined as
A) gross domestic product less the consumption of fixed capital.
B) gross national product plus transfer payments.
C) gross domestic product less retained earnings plus transfer payments.
D) gross national product less retained earnings plus transfer payments.
A
Economics
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The data in the table above are the U.S. balance of payments. The capital and financial account balance is
A) $0. B) -$80 billion. C) -$200 billion. D) +$200 billion.
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Ultimately, the source of growth in real wages is the growth in labor productivity
a. True b. False Indicate whether the statement is true or false
Economics