The formula for calculating GDP from the income approach is
A) GDP = National Income - Depreciation + Net Property Income from abroad.
B) GDP = National Income + Depreciation - Net Property Income from abroad.
C) GDP = National Income - Depreciation - Net Property Income from abroad.
D) GDP = National Income + Depreciation + Net Property Income from abroad.
Correct Answer:
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Q84: Which of the following is an example
Q85: Double counting can be avoided by counting
Q86: Which of the following would not be
Q87: Which of the following would be counted
Q88: Which of the following is not included
Q90: Which of the following are deducted from
Q91: Subsidies are
A) subtracted from GDP at market
Q92: Net property income from abroad is
Q93: If GDP is £500 billion, receipts of
Q94: Transfer payments are
A) excluded from
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