d) A Break-Even Income: the poi reduction rate: The rate at which the transfer is reduced as family income rises; and oreak-Even Income: the point where family income reaches a level beyond which they no longer qualify for the transfer. Chapter 3 Matching Exercise (5 pts/match) The economy can be measured several ways. The following are measures that are typically used. Please match the statements on the left below with the terms shown on the right by placing the appropriate letter (a, b, c, d, or e) in the blank. the total value of all goods and services produced in the US. a. Nonsense similar to the above but it includes the earnings of US citizens and businesses abroad. b. Gross Domestic product derived from GDP but it measures only capital investments net of depreciation. Capital replacement investments are not counted in this measure. C. Gross National Product this measure is derived from the one above by eliminating both indirect business taxes that are included in the price of goods sold, and business transfer payments d. Net National Product this measure is restricted to the total of bubble gum sales in the U.S. e. National Income 8 Page