The largest component of national income is:
A)corporate profits.
B)compensation of employees.
C)nonincorporated business.
D)net interest.

Name: The largest component of national income is: A)corporate profits. B)compensation of employees. C)nonincorporated business. D)net interest.
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Question

Quizplus · Accepted Answer

Compensation of employees is typically the largest component of national income, as it includes wages, salaries, and benefits paid to workers.

The Largest Component of National Income Is