The sum of wages, salaries, and supplementary labour income, and other factor incomes is
A) net domestic income at market prices.
B) GDP income approach) .
C) net domestic income at factor cost.
D) real GDP.
E) GDP expenditure approach) .
Correct Answer:
Verified
Q70: Net domestic income at market prices equals
Q71: Wages, salaries, and supplementary labour income are
Q72: If nominal GDP increased by 11 percent
Q73: In the Canadian economy, market prices and
Q74: Use the table below to answer the
Q76: In recent history, real GDP has risen
Q77: Real GDP will increase only if the
A)employment
Q78: Real GDP equals
A)nominal GDP minus the value
Q79: To obtain the factor cost of a
Q80: Use the table below to answer the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents