In the National Income and Product Accounts, net taxes equals
A) government spending minus tax revenue.
B) tax revenue minus government spending.
C) taxes that left after all expenses are paid.
D) tax revenue minus transfers.

Question

Quizplus · Accepted Answer

Net taxes in the National Income and Product Accounts are calculated as tax revenue minus transfers, not including government spending on goods and services.

In the National Income and Product Accounts, Net Taxes Equals