-The income approach to measuring GDP sums together
A) the costs of each firm in the economy and then subtracts indirect business taxes and depreciation.
B) compensation of employees, rental income, corporate profits, net interest, proprietors? income, indirect taxes paid, and depreciation and subtracts subsidies paid by the government.
C) compensation of employees, rental income, corporate profits, net interest, proprietors? income, subsidies paid by the government, indirect taxes paid, and depreciation.
D) the sales of each firm in the economy.
Correct Answer:
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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
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