Which of the following is subtracted from gross national product to arrive at the net national product?

a. net income of foreigners
b. depreciation
c. indirect business taxes
d. transfer payments

b

Economics

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A real depreciation of a nation's currency gives rise to the ________ effect and the ________ effect on the current account

A) volume; value B) depletion; expansion C) surplus; deficit D) output; trade E) price; profit

Economics

The aggregate expenditure line shows

What will be an ideal response?

Economics