The largest compoent of national income is:
A) compensation of employees
B) proprietor's income
C) rental income
D) corporate profits
Correct Answer:
Verified
Q23: The falling phase of a business cycle
Q26: The GDP deflator:
A)measures the price changes of
Q27: Spending on the structures,equipment,and software that provide
Q29: The rising phase of a business cycle
Q30: Business cycles are officially dated by:
A)National Bureau
Q33: Commodities that typically last three years or
Q34: In year one,the GDP deflator is 100
Q38: GDP can increase from one year to
Q39: Table 11.1 Q40: The system of accounts for each country,based
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