The value of GDP,when estimated by the income approach,is the sum of
A) consumption expenditures,investment spending,and profits.
B) consumption,wages,rents,interest,and profits.
C) income earned by all factors of production.
D) depreciation,indirect business taxes,and income earned by the factors of production.
Correct Answer:
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Q55: Net domestic product (NDP)is
A)GDP minus depreciation.
B)GDP minus
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