Question
Which of the following are adjustments made to GDP in order to derive Disposable Income from GDP? (Indicate all that apply.) A. Capital Consumption Allowance
Which of the following are adjustments made to GDP in order to derive Disposable Income from GDP? (Indicate all that apply.)
A. Capital Consumption Allowance is deducted | ||
B. Personal income taxes are taken out | ||
C. Incomes are repatriated to the country where a foreign direct investment is owned, from the country where the production is located | ||
D. All expenditures by the federal government are deducted | ||
E. Incomes earned in one time period but received in a different time period are netted out to show only incomes received in the current time period | ||
F. The value of stock market equities is taken out |
When we calculate Gross Domestic Product using the expenditures method, what accounts are we using?
A. Consumption (C), Gross Investment (I g), Government Spending (G), Net Exports (X n) | ||
B. Checking Accounts, New Residential Housing, Business and Government Fixed Investment | ||
C. Wages and Salaries and Benefits, Corporate Profits, Proprietor Incomes, Interest Incomes, Rents | ||
D. Savings, Depreciation Allowances, Taxes and Net Exports |
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