Suppose Net Domestic Product Is $4

question 333

Multiple Choice

Suppose net domestic product is $4.8 billion, net income earned abroad is $0.7 billion, other business income adjustments net of indirect business taxes and transfers are $0.4 billion, and personal income taxes are $0.8 billion. Then, national income equals

• A) $2.9 billion.
• B) $3.6 billion.
• C) $5.9 billion.
• D) $6.7 billion.

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