According to the income approach to measuring GDP,the largest income category is
A)wages.
B)interest.
C)rent.
D)profits.
E)consumption expenditure.

Name: According to the income approach to measuring GDP,the largest income category is A)wages. B)interest. C)rent. D)profits. E)consumption expenditure.
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Question

Quizplus · Accepted Answer

Wages represent the largest share of income in the GDP calculation using the income approach, as they account for the compensation paid to employees.

According to the Income Approach to Measuring GDP,the Largest Income