If net foreign factor income is zero and there are no statistical discrepancies, the sum of national income and the consumption of fixed capital equals
A)disposable income.
B)personal income.
C)net domestic product.
D)gross domestic product.

Question

Quizplus · Accepted Answer

Gross domestic product (GDP) is the sum of national income and the consumption of fixed capital when net foreign factor income is zero and there are no statistical discrepancies.

If Net Foreign Factor Income Is Zero and There Are