Solved

When Using the Income Approach to Measure GDP, the Largest

Question 37

Multiple Choice

When using the income approach to measure GDP, the largest share of GDP in advanced countries generally consists of:

A) capital income.
B) labour income.
C) interest income.
D) profit income.
E) indirect taxes.

Related Questions

Q5: What are the social and economic implications

Q32: Hedonic pricing is used to:<br>A) obtain chain-

Q33: Which one of the following represents an

Q34: Deflation generally occurs when which of the

Q35: The Phillips curve is an empirical relation

Q36: Suppose government officials decide to change the

Q38: Pure inflation refers to:<br>A) a faster proportional

Q39: Changes in aggregate output in the long

Q41: The labour force in Australia is defined

Q50: Explain whether it is possible for nominal