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National Income Aggregates & GDP · Question 14 of 69

Question 14

EasyOriginal question

Net domestic product = gross domestic product −

Options for question 14

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. Gross and net differ by depreciation, the capital used up in producing the output.

Concept
Gross and net
Typical time
40 s
Your time
—
The rule this testsGross and net
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Ten questions from National Income Aggregates & GDP, at your own pace.

Practise this chapter →

Ten questions from National Income Aggregates & GDP, at your own pace.

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