According to this Application, international statistics show that the developing countries are ________ and the developed countries are ________

National income is derived from gross domestic product by

A) adding personal income and transfer payments to gross domestic product. B) subtracting depreciation from gross domestic product. C) subtracting retained earnings from gross domestic product. D) adding personal taxes and depreciation to gross domestic product.

Insurance companies use deductibles and coinsurance to reduce moral hazard

Indicate whether the statement is true or false