The sum of the components of incomes is called

A) gross domestic product at factor cost.
B) net domestic product at market prices.
C) gross domestic product at market prices.
D) GNP.
E) net domestic product at factor cost.

E

Economics

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Liz's marginal utility for two different goods is determined by

A) her average utility for the two goods. B) how much benefit she gets from another unit of each of those goods. C) summing her total utility from consumption of each good and then dividing by two. D) All of the above answers are correct.

Economics

The Federal Reserve Open Market Committee includes the seven members of the Board of Governors, presidents of five of the twelve district banks, and the Secretary of the Treasury

a. True b. False Indicate whether the statement is true or false

Economics