Net domestic income at market prices equals GDP (income approach) minus
A) taxes.
B) corporate profits.
C) subsidies.
D) consumption expenditure.
E) depreciation.
Correct Answer:
Verified
Q68: Suppose in current dollar terms, GDP increased
Q69: Use the table below to answer the
Q70: The sum of wages, salaries and supplementary
Q71: Which approach to measuring GDP is being
Q72: In recent history, real GDP has risen
Q74: In the Canadian economy, market prices and
Q75: Use the table below to answer the
Q76: Use the table below to answer the
Q77: To derive net domestic income at market
Q78: Which one of the following is not
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