Suppose That in 2018, the Net National Income in Madeupistan

question 193

Multiple Choice

Suppose that in 2018, the net national income in Madeupistan was $20 billion, depreciation was $1.5 billion, personal taxes were $2 billion, and transfer payments were $1 billion.Gross domestic product in 2018 is

• A)$18.5 billion.
• B)$21.5 billion.
• C)$22 billion.
• D)$24.5 billion.
• E)$30 billion.

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Definitions:

Service Provider

A company or an individual that offers services to consumers or other businesses, ranging from telecommunications and internet services to health care and transportation.