According to the circular flow diagram, the dollar value of a nation's output is equal to________
A: profits.
B: total income.
C: net income minus taxes.
D: wages.
A: profits.
B: total income.
C: net income minus taxes.
D: wages.
举一反三
- In the circular flow diagram, the sources of income for the household are ( ) A: wages B: rent C: interest D: subsidies from the government
- Return on assets:（ ）。 A: measures the amount of sales dollars generated by each dollar of assets invested in the business. B: is calculated as net income/net sales. C: is calculated as net income/average total assets. D: is calculated as average total assets/net income.
- Which of the following is NOT a reason why cash flow may not equal net income? A: Amortization is added in when calculating net income. B: Changes in inventory will change cash flows but not income. C: Capital expenditures are not recorded on the income statement. D: Depreciation is deducted when calculating net income.
- The supply of loanable funds, or “national saving,” is<br/>equal to ____ A: income - consumption. B: income - consumption - taxes. C: income - consumption - government spending. D: income - consumption - government spending - taxes.
- Which of the following items is included in the adjustment of net income to obtain cash flow from operating activities? ( ) A: Depreciation expense for the period. B: dividend C: The amount by which equity income recognized exceeds cash received. D: The change in deferred taxes.