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Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800 Exercise 2
GDP may be found by ____.
A) adding together money spent on goods and services and incomes received by the factors of production
B) subtracting incomes received by the factors of production from the money spent on goods and services
C) subtracting the money spent on goods and services from the incomes received by the factors of production
D) adding the money spent on final goods and services
A) adding together money spent on goods and services and incomes received by the factors of production
B) subtracting incomes received by the factors of production from the money spent on goods and services
C) subtracting the money spent on goods and services from the incomes received by the factors of production
D) adding the money spent on final goods and services
Explanation
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It is calculated by three approaches: In...
Economics 11th Edition by Stephen Slavin
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