Multiple Choice
The approach to GDP that sums compensation of employees, rental income, corporate profits, net interest, proprietors' income, depreciation, and indirect taxes and subtracts subsidies is the
A) opportunity cost approach.
B) expenditure approach.
C) added cost approach.
D) income approach.
Correct Answer:
Verified
Correct Answer:
Verified
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Q302: Explain how GDP is measured according to
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