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The Income Approach Measures GDP by Summing

Question 94

Multiple Choice

The income approach measures GDP by summing


A) the wealth of households, business and government.
B) the total production of all final goods and services produced in a year within a country's borders.
C) C + I + G + NX.
D) the incomes paid households for the resources they own.
E) Both answers A and D are correct.

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