Capital income (profits, rental payments and interest payments) is the largest component of income.
Correct Answer:
Verified
Q8: For the year 2005, nominal GDP is
Q9: Sandra decides to hire her neighbour's son
Q10: International studies show that higher GDP per
Q11: GDP can be measured by counting final
Q12: If Canada's GDP is $1000 billion and
Q14: Over time, the three measures of GDP
Q15: Macroeconomics is:
A)the study of economics at the
Q16: Cyclical adjustments are used by statisticians to
Q17: Total transfer payments are included in GDP
Q18: Real GDP is the production of goods
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents