Answered: National income is equal to Multiple…

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National income is equal to Multiple Choice rent + transfer payments + interest + wages

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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National income is equal to
Multiple Choice
rent + transfer payments + interest + wages
wages + rent + interest + profits and losses
net investment + depreciation + net exports + net foreign income
gross investment - depreciation + indirect business taxes - net foreign income

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