Three equivalent ways to measure GDP are total ________, total ________, and total ________.
A) profits; production; saving
B) production; income; expenditure
C) investment; consumption; saving
D) expenditure; income; profits
Correct Answer:
Verified
Q100: The following provides data for an economy
Q101: An economy produces 1,000,000 computers valued at
Q102: GDP can be measured as each of
Q103: An economy produces only 1,000,000 computers valued
Q104: Wages and salaries are examples of:
A)consumption.
B)labor income.
C)capital
Q106: A measure of GDP in which quantities
Q107: The total income of capital and labor
Q108: An economy produces 500,000 tables valued at
Q109: Labor income in the U.S. equals approximately
Q110: The following provides data for an economy
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