Which of the following is NOT included in the income approach to calculating GDP?
A) profits
B) rent
C) wages
D) interest
E) net exports of goods and services
Correct Answer:
Verified
Q103: If the purchase of used goods was
Q104: Q105: Everything else the same, if government expenditure Q106: Gross Domestic Product measures the Q107: Adding wages, interest, rent, and profits yields Q109: Production by Honda, a Japanese firm, in Q110: The income approach to measuring GDP is Q111: When calculating GDP, purchases of used goods Q112: Nominal GDP is GDP Q113: Real GDP is the value of final
A)market value of
A)gross
A)during a recession.
B)after adjusting
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