If GDP Is $300 Billion, Depreciation Is $30 Billion, and Net

question 46

Multiple Choice

If GDP is $300 billion, depreciation is $30 billion, and net factor income from the rest of the world is -$40 billion, then net national product is

• A) $230 billion.
• B) $270 billion.
• C) $290 billion.
• D) $310 billion.

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Definitions:

Umbilical Cord

A tube between the mother and her developing child through which nutrients and waste products are conducted.

Placenta

An organ that develops in the uterus during pregnancy, providing oxygen and nutrients to and removing waste from the developing fetus.

Uterine Tube

Also known as the fallopian tube, it's part of the female reproductive system that carries eggs from the ovaries to the uterus.

Fallopian Tube

A pair of tubes along which eggs travel from the ovaries to the uterus.