Using the income approach, the largest component in the calculation of GDP is:
A) net interest.
B) rental income.
C) profits.
D) compensation of employees.
Correct Answer:
Verified
Q39: Using the expenditure approach, GDP equals:
A) C
Q40: Which of the following would be classified
Q41: Which approach to calculating GDP is computed
Q42: Exhibit 5-8 GDP data (billions of dollars)
Q43: Using the income approach, net interest is
Q45: Using the income approach, the smallest component
Q46: Exhibit 5-10 GDP data (billions of dollars)
Q47: Dividends, retained earnings, and corporate income taxes
Q48: Using the income approach, an estimate of
Q49: Exhibit 5-10 GDP data (billions of dollars)
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