The five categories of income used in the income approach to the measurement of GDP are
A) employee compensation, net interest, rental income, corporate profits, and proprietor's income.
B) consumption, saving, rental income, corporate profits, and investment.
C) employee compensation, consumption, rental income, corporate profits, and proprietor's income.
D) employee compensation, saving, rental income, corporate profits, and investment.
Correct Answer:
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Q153: Q154: Which of the following is a component Q155: The approach to GDP that sums compensation Q156: Which of the following is NOT included Q159: Looking at the components of the income Q160: The largest component of income is Q162: The sum of compensation to employees, rental Q175: Rental income includes![]()
A) proprietors'
A) the payment for the
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