What Should Be Added to National Income to Calculate GNP

question 228

Multiple Choice

What should be added to national income to calculate GNP?

• A) depreciation
• B) indirect taxes
• C) personal income taxes
• D) net factor payments to the rest of the world

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Definitions:

Timing

The act of choosing the most appropriate point in time to initiate or execute a specific action or event for the desired outcome.

Coercive Power

The ability to force or compel someone to act in a certain way through threats or punishment.

Threat

A potential cause of harm or adverse effect on someone or something.

Real Power

The actual ability or capacity to influence outcomes, decisions, or actions, often beyond mere formal authority.