Which of the following is NOT a component of the incomes approach to GDP?
A) proprietors' income
B) corporate profits
C) wages and salaries
D) net exports
Correct Answer:
Verified
Q182: Potential GDP is
A) the level of GDP
Q183: Gross private domestic investment is a component
Q184: Potential GDP is
A) the level of GDP
Q185: gross domestic product is the value of
Q186: Suppose an economy has some inflation. Then,
Q188: Potential GDP is the
A) value of production
Q189: Potential GDP
A) measures the actual production from
Q190: In years with inflation, nominal GDP increases
Q191: The base- year method of calculating real
Q192: The relationship between real GDP and potential
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