Foreign payments to capital, labor, and land owned by domestic entities minus payments to factor service imports equals: a. the difference between gross national income and gross domestic product. b. the difference between imports and exports. c. the difference between unilateral transfers and domestic income. d. income not subject to taxation such as capital gains, illegal earnings, or casual earnings

Foreign payments to capital, labor, and land owned by domestic entities minus payments to factor service imports equals: a. the difference between gross national income and gross domestic product. b. the difference between imports and exports. c. the difference between unilateral transfers and domestic income. d. income not subject to taxation such as capital gains, illegal earnings, or casual earnings

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter17: Production And Growth

Section: Chapter Questions

Problem 3PA

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