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8. Consumption plus savings equals A.

Resolved Question:

8. Consumption plus savings equals:


A. National income

B. GDP

C. Disposable income

D. Personal income



9. Which of the following would be part of India's GNP but not India's GDP?




A. The value of U.S. chemicals sold to a firm in India


B. The value of a car built in India by a British-owned firm


C. The value of computer software developed in India and sold to a U.S. company



D. The salary earned by a surgeon, a citizen of India, for performing an appendectomy in a hospital in Detroit, Michigan.
Submitted: 5 years ago.
Category: Homework
Expert:  Linda_us replied 5 years ago.
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