Which of the following is NOT one of the components for computing GDP based upon the income approach?

Name: Which of the following is NOT one of the components for computing GDP based upon the income approach?
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Question

Quizplus · Accepted Answer

The components for computing GDP based upon the income approach are compensation of employees, corporate profits, net interest, and rental income. Investment is a component of GDP, but it is not included in the income approach. Instead, it is calculated through the expenditure approach.

Which of the Following Is NOT One of the Components