-The approach to GDP that sums compensation of employees, rental income, corporate profits, net interest, proprietors? income, depreciation, and indirect taxes and subtracts subsidies is the
A) expenditure approach.
B) added cost approach.
C) income approach.
D) opportunity cost approach.
Correct Answer:
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Q140: In the calculation of GDP by the
Q141: Proprietorsʹ income is a component of which
Q142: Which of the following expressions equals GDP?
A)
Q143: The largest component of national income is
A)
Q144: In the country of Darrowby, net domestic
Q146: When calculating the compensation of employees part
Q147: Looking at the components of the income
Q148: The income approach measures GDP by adding
Q149: The five categories of income used in
Q150:
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