National income (NI) is calculated by adjusting GDP for:

a. corporate and personal income taxes.
b. investment and net exports.
c. depreciation.
d. Social Security insurance contributions and transfer payments.

c

Economics

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In 2002, the largest marital status category of white single parents was "never married."

Indicate whether the statement is true or false

Economics

The monopolist's demand curve is

a. downward sloping and identical to the market demand curve b. downward sloping and identical to the marginal revenue curve c. downward sloping and lies below the marginal revenue curve d. a horizontal line at a price consistent with maximum profit e. a U-shaped curve that lies above the U-shaped ATC curve

Economics