Solved

The Sum of All Factor Payments in the Economy Yields

Question 189

Multiple Choice

The sum of all factor payments in the economy yields


A) gross domestic product.
B) national income.
C) disposable income.
D) net domestic product.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q184: The government component (G) of total output

Q185: Which of the following methods is not

Q186: The national income accounts include a value

Q187: Employee compensation accounts for about what percentage

Q188: Table 8-1 Table 8-1 </p></div><svg width=

Q190: National income can be calculated by subtracting
A)depreciation

Q191: The accounting identity for the economy's factor

Q192: Based on the relative size of factor

Q193: The majority of payments made by the

Q194: The value of intermediate goods is not

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents