From the point of view of economic efficiency, output in a monopolized market is

Which adjustment(s) must be made to convert net domestic product to GDP?

i. add indirect taxes ii. subtract subsidies iii. add depreciation A) i, ii and iii B) i and ii C) iii only D) i and iii only E) ii only

Gross income net of taxes is known as ________

A) Gross Domestic Product, or GDP B) disposable income C) Gross Domestic Product per capita D) retained earnings