We go from Gross to Net Domestic Product by
A) adding depreciation to GDP.
B) subtracting depreciation from GDP.
C) adding indirect business taxes to GDP.
D) subtracting indirect business taxes from GDP.
B
You might also like to view...
The CPI assumes a fixed basket of goods over time. In fact, consumers are likely to change purchasing behavior over time by purchasing less of the goods whose prices have risen by relatively large amounts and by buying more of the goods whose prices have risen less or maybe even fallen. What problem does this cause for measuring the cost of living?
Which of the following statements is/are correct?I.Depository institution managers undertake riskier actions than they otherwise would because of the existence of deposit insurance.II.Because of the existence of deposit insurance, depositors in savings and loans and other banks have little incentive to investigate the financial stability of these institutions.
A. I only B. II only C. both I and II D. neither I nor II