One Difference Between Net Domestic Product and National Income Is

question 396

Multiple Choice

One difference between net domestic product and national income is that

• A) net domestic product includes depreciation.
• B) national income includes government and business transfer payments.
• C) net domestic product includes indirect business taxes and transfers.
• D) net domestic product doesn't include Social Security taxes or corporate retained earnings.

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Definitions:

Potential Employers

Entities or individuals who might consider hiring someone for a job position based on the applicant's qualifications and their organizational needs.

Sincere Praise

Genuine commendation or approval, typically directed towards someone to acknowledge their accomplishments or qualities.

New Neighbors

Individuals or families that have recently moved into a new residential area or community.

Subdivision

The act of dividing land into pieces that are easier to sell or otherwise develop, or a residential area made by such division.