Social Studies, 29.05.2021 07:20 MendesMist

Which of the following is true of the equation NI= GDP-IBT National income equals the total Gross Domestic Product minus Internal
Business Taxes.
The equation is incorrect. National income equals the total Net Domestic
Product minus Indirect Business Taxes.
The equation is incorrect. The Net Domestic Product is equal to the Gross
Domestic Product minus Indirect Business Taxes.
National income equals the total Gross Domestic Product minus Indirect
Business Taxes.

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